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FOREXPROAI
Regulators:
https://www.forexproai.com/
FOREXPROAI appears to operate without the required licenses.
FOREXPROAI doesn't provide information about its regulatory status, which is a significant indicator of a potential scam. Legitimate brokers are obligated to display their accreditation and licenses prominently on their websites to ensure transparency. The absence of such information on FOREXPROAI's website suggests that it may not be a legitimate operation.
Furthermore, the Financial Conduct Authority (FCA) has added FOREXPROAI to its warning list as an unauthorized firm in the UK. You can refer to the full FCA warning [here]. This inclusion further underscores the substantial risks involved in dealing with this firm.
Consequently, trading with FOREXPROAI could potentially lead to fraud and identity theft. To safeguard their interests, investors are strongly advised to choose fully regulated brokers only.
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