ANSWER We strongly recommend avoiding ForexTradeInvestment, as it is a broker operating outside the regulatory framework.The broker asserts that it is regulated globally, but it fails to provide any additional details to substantiate such claims. This suggests that it may not be authorized by any financial regulators. Given its alleged US office, we checked with the National Futures Association (NFA) to confirm its legitimacy. However, no corresponding records were found on the NFA register, indicating that this broker is not under the NFA's supervision.Therefore, ForexTradeInvestment is far from a secure option for investors and presents substantial risks of fraud and identity theft. To minimize such risks, investors are advised to opt for fully regulated brokers instead of unregulated ones like ForexTradeInvestment.
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