No, such an extraordinarily high ROI (return on investment) seems implausible. Investors should exercise caution when a platform promises exorbitant profits, which are often used as bait.
FX Auto Trade Max showcases a certificate from the U.S. Securities and Exchange Commission (SEC) to validate its legitimacy in the industry. However, there are no corresponding records in the SEC register, indicating that the certificate it presents is counterfeit. Moreover, the company is obligated to register as a member of the National Futures Association (NFA), but it has not done so.
Adding to the concerns, the Ontario Securities Commission (OSC) has issued a warning against FX Auto Trade Max, stating that this broker is not authorized to conduct securities trading business in Ontario.
In light of these facts, we strongly advise against using FX Auto Trade Max, an unlicensed broker that poses significant risks. For a safer trading environment, investors are encouraged to choose fully regulated brokers.
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