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the Philippines does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.
No local licensing here
the Philippines does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.
Check it yourself:https://fsaseychelles.sc/regulated-entities/capital-markets
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Which company you actually sign with in the Philippines, and whose licence that is.