Is Broker Zentrade Premier Live Regulated by NFA?

Broker review
D
Dodi
02 Jan 2022, 15:24 413 Views
Is the Zentrade broker regulated by the NFA and under the supervision of the CFTC?

1 Answer

M
martin 04 Jan 2022, 03:48

@ Dodi:

From the information we obtained, Zen Trade broker is not regulated by any regulatory body, and also does not have a license from any country.

For the security of your trading and funds, we recommend choosing a broker that is already regulated by an internationally credible regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

Credible regulatory bodies are those that have been tested and are internationally recognized, and provide strict sanctions to brokers if they are found to have violated the agreed terms. These regulatory bodies are also responsible for the security of client funds.

 

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