Is Txglobal regulated?

By Simon, from South Africa, September 22, 2021 at 06:15 PM

I don’t trust this broker that is rigisted

  • Is Txglobal Regulated?
Answer: Hi Simon,

Txglobal claims to be a digital trading platform where traders can buy, sell, and monitor different Stocks, currency pairs, commodities in the most popular financial markets globally. The broker does not provide any information about its regulation and according to our research, it does not hold any licenses. Txglobal is owned and operated by Fin Tree Ltd., registered in the St. Vincent and the Grenadines.

However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more. Read more about St. Vincent and the Grenadines regulation by the link.

We advise to choose only from the regulated brokers with the licenses from reputable authorities.

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