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LonghornFX
Regulators:
https://www.longhornfx.com/
LonghornFX is an unregulated broker that we advise against trading with, despite the seemingly attractive deals it offers.
While it is true we located a firm called "Longhorn LLC" on the register of the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is crucial to note that the offshore financial watchdog has explicitly stated that it neither issues licenses for forex or brokerage nor regulates entities involved in such activities. As such, LonghornFX remains unsupervised by the relevant regulatory body.
Regarding your question, we strongly suggest you exercise extreme caution and avoid engaging with LonghornFX because it is an unregulated broker. There are no rules in place to safeguard investors' interests and hence you are exposed to significant risks such as financial losses and identity theft. Therefore, investors are encouraged to stay away from unlicensed brokers like LonghornFX and instead choose a fully regulated one.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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