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IQFX
Operating status: SCAM
Website: https://iqfx.live/
Broker violations and abnormal records
It claims to be a reliable trader and says on its website that it has a South African license registered in Saint Lucia. This statement is very contradictory, and Saint Lucia does not have the right to regulate foreign exchange, so it is unregulated. Investors are advised to be careful and stay away from this platform.
In essence, IQFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
IQFX appears to be a scam.
It claims to be a reliable trader and says on its website that it has a South African license registered in Saint Lucia. This statement is very contradictory, and Saint Lucia does not have the right to regulate foreign exchange, so it is unregulated. Investors are advised to be careful and stay away from this platform.In essence, IQFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.IQFX appears to be a scam.
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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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