ANSWER Dear Investor,Thank you for reaching out. We are concerned that MondFX may be a scam.While MondFX claims to be registered in St. Lucia, it is important to note that this country is an offshore center known for its lax regulation. More importantly, St. Lucia does not license forex trading. Therefore, MondFX, as a forex broker, is not operating in a regulated environment.We strongly suggest you avoid using MondFX due to its unlicensed status. For a safer trading environment, we recommend choosing fully regulated brokers instead.
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