About ZeegosFX
🗺️ Registered inBelize
🗺️ Type of LicenseOffshore License
🛡️ Is ZeegosFX safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

ZeegosFX is a Forex and cryptocurrency broker. The company is owned and operated by ZeegosFX Ltd. It claims to be located in California, USA and licensed by the International Financial Services Commission (IFSC). However, in order to provide financial services in the United States, brokers have no carry a license from its local regulator National Futures Association. We didn’t find any proofs of the ZeegosFX authorization in the USA. Also, an offshore regulation is not considered to be the safest and we usually advise to avoid such brokers as they may be frauds. You can read more about the International Financial Services Commission (IFSC) here. 

We recommend traders to exclude such risks in trading and choose the brokers regulated by prestigious regulatory agencies, such as the FCA and CySec. These regulators have certain requirements and strict rules the firms have to comply with. One of the rules is the segregation of accounts, as it lowers the risk of possible moeny loss. Another rule is the participation in compensation schemes which guarantee that the client’s losses will be covered in case the broker goes bankrupt or tries to scam traders. Check the list of the FCA-regulated brokers here.

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