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Is Cedar FX a good broker?

Posted on January 30, 2021 by Author

Is Cedar FX a good broker?

CedarFX is a relatively new broker that offers 170+ assets, high leverage, and zero-commission trading. The platform is incredibly cost-effective, offers powerful trading tools like MetaTrader 4, and gives you access to higher leverage than most of its competitors. …

Is tradecom legit?

Trade.com is a reputable company operating for many years it is secure, legit and licensed by top-tier authorities including FCA.

Is CedarFX regulated?

Based in St. Vincent and the Grenadines, Cedar FX is not regulated by any government regulators. Although this is a negative, Cedar FX still must follow all the laws of its jurisdiction, and it complies with the Know Your Customer and Anti-Money Laundering regulations placed on brokers in the European Union.

Can you make a living on forex trading?

This simple risk-controlled strategy indicates that with a 55\% win rate, and making more on winners than you lose on losing trades, it’s possible to attain returns greater than 20\% per month with forex day trading. Most traders shouldn’t expect to make that much; while it sounds simple, in reality, it’s more difficult.

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Is Eagle FX a good broker?

EagleFX is an unregulated broker based in Dominica. Traders should note that unregulated providers usually will not provide much if any, client protection. As a result, we can’t guarantee EagleFX is a legit broker. Nonetheless, EagleFX does state that it uses Bitcoin Cold Storage to safeguard client funds.

Is Kot4x a good broker?

Expert Review of Kot4x Kot4x is an unregulated offshore broker registered in Saint Vincent and the Grenadines. Despite the lack of a license, the company claims that it operates with maximum transparency and pays great attention to the security of customers’ funds and their data.

Is Trydaytrading com legit?

Trydaytrading is an investment advisory service that offers forex education, one-on-one coaching and access to capital through its funded account programs. Established in 2008, trydaytrading applies proprietary leading indicators to help students exploit inefficiencies in the currency market.

Is Trading Com safe?

Trade.com is regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and in South Africa by the Financial Sector Conduct Authority (FSCA).

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Is HugosWay regulated?

Is Hugo’s Way regulated? It is not safe to trade with Hugo’s Way, as it is unregulated. Hugo’s Way is owned by Hugo’s Way Limited which is an offshore company registered in St. Vincent and the Grenadines.

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