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Free Forex
Free Forex purports to be managed by FreeFx LLC, a company that is allegedly registered in Anguilla under the Registration Number A000001472. Records from the Anguilla Commercial Registry do indeed match this information.
However, it's important to highlight that the Anguilla Financial Services Commission (AFSC), the primary financial regulator in Anguilla, does not regulate or license forex trading. Consequently, what Free Forex offers is not under the jurisdiction of the AFSC or subject to relevant regulations. The absence of regulatory oversight for a forex broker like Free Forex can pose significant risks. This is because there are no checks and balances in place to ensure transparency and regulatory compliance, as would be the case with a regulated entity. As a result, customers may not benefit from regulatory protections.
In summary, Free Forex is not regulated by any governing body. The act of entrusting investors’ funds to such an entity carries a high level of risk due to the lack of legal protections designed to safeguard these funds. Therefore, we flags Free Forex as an unregulated broker and suggest investors avoid it.
Free Forex purports to be managed by FreeFx LLC, a company that is allegedly registered in Anguilla under the Registration Number A000001472. Records from the Anguilla Commercial Registry do indeed match this information.However, it's important to highlight that the Anguilla Financial Services Commission (AFSC), the primary financial regulator in Anguilla, does not regulate or license forex trading. Consequently, what Free Forex offers is not under the jurisdiction of the AFSC or subject to relevant regulations. The absence of regulatory oversight for a forex broker like Free Forex can pose significant risks. This is because there are no checks and balances in place to ensure transparency and regulatory compliance, as would be the case with a regulated entity. As a result, customers may not benefit from regulatory protections.In summary, Free Forex is not regulated by any governing body. The act of entrusting investors’ funds to such an entity carries a high level of risk due to the lack of legal protections designed to safeguard these funds. Therefore, we flags Free Forex as an unregulated broker and suggest investors avoid it.
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Risk Warning:
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.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.