ANSWER It is strongly advised against using SolutionFX, due to its unlicensed status.Our investigation suggests that all the regulatory assertions of SolutionFX are baseless. The online trading platform lies about its regulatory status to mislead unwitting investors. This is a significant scam indicator. What's more, the Ontario Securities Commission (OSC) has issued a warning against SolutionFX, stating that this broker is not registered in Ontario to engage in the business of trading in securities.Given these facts, it is prudent to stay away from SolutionFX to avoid falling victim to potential fraud schemes. Investors are recommended considering fully regulated brokers.
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