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Pushpender Sharma
Within 1 year

Is it worth using Euroxx for FX trading despite the lack of regulation?

Broker Issues
Euroxx
Regulation
04-11
United States
WikiFX
Reply

While Euroxx provides access to a wide range of services, including wealth management and FX trading, the lack of regulation makes it a risky choice for trading. Regulation by a reputable authority is essential for ensuring the safety of funds and protecting traders' interests. Without it, traders are exposed to potential fraud, mismanagement, and unfair practices. While Euroxx offers trading in over 170 currency pairs, the absence of regulation means there is no oversight to ensure that trades are executed fairly or that client funds are properly protected. In my opinion, using Euroxx for FX trading is not worth the risk, especially considering the availability of other regulated brokers. This concern would be an important point to discuss in any currency solutions review.

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