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![]() | ASJ Forex Global Limited OverviewYear founded:2021Forex License:0 Rating:3.2 / 10 Global Ranking:4041 Credit rating:C (Not safe!) Risk Alerts:3 Customer complaints: 8 (Unable to withdraw funds) Broker details:https://www.fxgecko.net/en_US/platform/15967.html https://preview.redd.it/2oi73gyy44b91.png?width=1543&format=png&auto=webp&s=1d23e12f31b17883b28952301d753ff7d5e34ca0 FxGecko data shows that ASJ Forex Global Limited has a very low rating of 3.2 and does not have a forex trading or brokerage business license. Although ASJ Forex Global Limited claims to be regulated by FinCEN in the US and FINTRAC in Canada on their website, they are actually just a general registration and do not have a legal forex trading license. And both FinCEN and FINTRAC do not regulate Forex brokers. This means that their trading brokerage business is unregulated and there is a high possibility of investors being scammed. Screenshot of ASJ Forex Global's website ASJ Forex Global Limited's registration information on FinCEN. FinCEN's statement: The inclusion of a business on the MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency. FINTRAC's Statement FINTRAC's Statement: Registration with FINTRAC does not indicate that FINTRAC endorses or licenses the business. It indicates only that the business has satisfied the legal requirements to register. ASJ Forex Global Limited registration information on FINTRAC. Therefore, it is recommended that you stay away from such unregulated brokers who do not have a legal license. FxGecko reminds you that you should always be cautious when you come across investment opportunities that promise high returns with little or no risk. These are likely scams. You should "ask, check and confirm" before investing. You can check the broker's qualification information and complaints on FxGecko's website to avoid any potential scams. You can also expose forex / crypto scams on FxGecko, FxGecko will do everything in its power to help you and expose scams, warn others not to be scammed. Welcome to join FxGeckoAPP community, which is regularly updated with information on the Forex market and trading brokers, as well as issues of investor complaints against brokers. Keeping a regular eye here will help you improve your market acumen and avoid common investment scams. |
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![]() | submitted by FazzacoNewsFx to Fazzaco [link] [comments] https://preview.redd.it/s0gz4s6lh6w81.png?width=1600&format=png&auto=webp&s=2f61d64428dc03f104e6d7d2960df3d4dc89344d 1.Establishing a company 2.Choosing a business model for your FX brokerage 3.Transparency and ownership 4.Choosing a Liquidity provider 5.Technology 6.Safety of funds |
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![]() | Start Forex Trading Business In The UK submitted by AffectionateTrick972 to u/AffectionateTrick972 [link] [comments] Forex Trading Business In The UK Starting any type of business can be overwhelming . Luckily , it's a process that can be broken into manageable steps . The same is true of starting a forex business , even with the added challenge of learning the ins and outs of trading along the way . So , if you're looking to start a forex trading business in the UK , these steps will help you set up the business plan that will eventually carry you to success . Getting To Know The Basics Of Forex : Forex is a wild ride from beginning to end , which makes it all the more necessary to gain a firm understanding of the basics early on . For those who are new to the space , Forbes has a primer piece that explains the fundamentals -- such as how trades work ( traders buy and sell currencies to capitalize on changes in their respective values ) ; when trades occur ( the market is open 24/5 ) ; and how currency is traded ( through the purchase and sale of " pairs , " such that one currency is always being weighed against another ) . Apart from reading primers like this , it's also wise to take the time to watch videos and tutorials , network with other forex traders on popular sites such as LinkedIn , and listen to podcasts on the subject . The idea is to learn as much as you can about forex before jumping in head - first ( without getting analysis paralysis , of course ) . Understanding Currency Pairs : The brief overview of forex basics above alluded to currency pairs , and it's particularly important for those exploring work in this market to understand how to identify and make use of these pairs . A currency pair simply lists one currency's value relative to another . So , for instance , the busily traded EUR / USD pair denotes the value of the euro in U.S. dollars . When you buy a pair , you are buying the base currency ( the first one listed ) with the corresponding amount in the quote currency ( the second one listed ) ; when you sell a pair , you are selling the base currency in exchange for the corresponding amount in the quote currency . Read Full Here |
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Binomo broker deals with binary options and is famous for its numerous advantages over the other brokers. The advantages of Binomo include modern trading platform provided to its customers, attractive trading conditions including minimal start-up investments, free educational courses and various bonuses. General information. The Binomo broker is registered in Cyprus in 2014. The license is ... Once signed up, every user gets a demo account. It enables them to start trading right away, but with virtual funds that they cannot withdraw. Binomo offers 4 account levels — 1 free and 3 funded accounts. DEMO. Requires sign-up. 18 basic assets with a return of up to 85%. Standard features of all other platform tools for technical analysis ... Binomo is a binary options broker, whose trading conditions on its proprietary platform appear attractive – low minimum deposit required, low bet sizes available, competitive payout amounts. Nonetheless, doing business with it is risky, as Binomo is not properly regulated and its reputation in the industry is not good. Most of the clients are ... Customer orientation and professionalism lie at the core of Binomo business. The broker offers some of the most loyal trading conditions in the market and provides a broad range of analytical services. The highest standards of operation are confirmed by certification of the Financial Market Relations Regulation Center and membership in the Compensation Fund. When you choose Binomo binary ... Binomo offers to invest in rising or falling markets with Binary Options. It is like betting on a certain time horizon (read more below). There are more than 100 different assets to trade. You can trade Forex, Stock, Commodities, and Cryptocurrencies on the platform. Another point to mention is that the broker works 24/7. You can trade on the ... Binomo is a binary options broker, whose trading conditions on its proprietary platform appear attractive – low minimum deposit required, low bet sizes available, competitive payout amounts. Nonetheless, doing business with it is risky, as Binomo is not properly regulated and its reputation in the industry is not good. Binomo forex brokers review Compare Forex Brokers Forex Trading with the Best Brokers in UK Forex Brokers
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