ANSWER Trading with BigFXInvest is strongly discouraged due to its unlicensed status. The absence of disclosed regulatory information is a major red flag, indicating potential non-compliance with pertinent regulations.The Financial Conduct Authority (FCA), a regulatory body in the UK, has issued a warning against BigFXInvest, classifying it as an unauthorized firm. This further underscores the risks associated with this broker.Engaging with BigFXInvest could potentially result in significant financial losses due to fraudulent activities. To mitigate such risks, investors are advised to opt for fully regulated brokers instead of unregulated ones like BigFXInvest. Remember, it's crucial to ensure the legitimacy of your broker for a secure trading experience.
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