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Does InForexEu have licenses?
olatunji ibrahim
Colombia
2023-01-20
ANSWER InForexEu is not a regulated or licensed broker for traders even though it states offers that look good to be true.InForexEu claims to be a brand of INSTANT TRADING EU LTD, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15. We indeed find a match result to INSTANT TRADING EU LTD in CySEC. But as per the regulatory details shown on CySEC, the approved domains of this licensed company includes "www.instaforex.eu; www.forexmart.eu; and www.instatradesolution.hu." That means InForexEu in fact has no connection with INSTANT TRADING EU LTD since the former's domain is not included in the approved domains.The truth is, InForexEu may be a clone firm and 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 InForexEu and trade with licensed brokers.
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Should I trade with InForexEu?
Carter Jones
San Marino
2022-11-14
ANSWER InForexEu is not a licensed or regulated broker even though it states offers that look good to be true.  InForexEu claims to be a brand of INSTANT TRADING EU LTD, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15. We indeed find a match result to INSTANT TRADING EU LTD in CySEC. But as per the regulatory details shown on CySEC, the approved domains of this licensed company includes "www.instaforex.eu; www.forexmart.eu; and www.instatradesolution.hu." That means InForexEu in fact has no connection with INSTANT TRADING EU LTD since the former's domain is not included in the approved domains.The truth is, InForexEu is a clone firm that falsely uses the regulatory information of a licensed firm. InForexEu 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 Finex Global Markets and trade with licensed brokers.
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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.

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