ANSWER FxBellgain is not a licensed or regulated broker even though it states offers that look good to be true. FxBellgain claims to be a trustworthy broker without presenting any informations about its regulation. The lack of such important information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag.Fx Bellgain claims to be a Czech-based firm and offered a telenumbers belongs to Republic of Lebanon. So we searched the Republic of Lebanon Capital Market Aurhority (CMA) and the Czech National Bank (CNB), but found no matching result.The truth is, FxBellgain is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FxBellgain and trade with licensed brokers.
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