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NeroFX
Regulators:
No, NeroFX is not trustworthy. It has been flagged by the Financial Conduct Authority (FCA) as a clone firm.
While operators providing financial services through the website fxnero.com refer to themselves as NeroFX and claim to be authorized by the FCA, the UK's financial regulator has issued a warning revealing that they are not authorized by them and are a clone of an FCA-authorized firm. This makes dealing with NeroFX risky.
To avoid becoming a victim of fraud schemes, we strongly advise investors to steer clear of NeroFX. It is of utmost importance to conduct due diligence and not to accept a broker's claimed licensing information at face value.
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