ANSWER FazoFX Liquidity may not be able to provide a secure and transparent trading environment due to its unlicensed status.While this broker claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), the offshore authority has explicitely stated that it doesn't license forex trading brokerage activities. This means what FazoFX Liquidity is offering is unlicensed.As such, FazoFX Liquidity is operating outside of the regulatory framework and its customers are therefore unprotected by relevant regulations. To avoid such substantial risks, it is highly recommended to choose fully regulated brokers over unregulated ones like FazoFX Liquidity.
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