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AussieTrust
Regulators:
AussieTrust doesn't fall under valid regulation and should be avoided at all events. AussieTrust claims to be a trusted broker while providing zero details of its regulation and company information. The lack of such information is always the biggest bad sign for potential traders. In addition, the UK regulator FCA has warned the public that AussieTrust is an unauthorized firm that may be providing financial services or products in the UK without permission.
All evidence clearly shows that AussieTrust is not regulated or overseen by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it might be a scam broker.
We would recommend traders stay away from AussieTrust and any other unregulated brokers, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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