I would advise caution when considering Foya Limited as a brokerage option. Despite their claims of being regulated by the NFA, my investigation revealed discrepancies in their regulatory status. This inconsistency raises serious doubts about their credibility. The high minimum deposit requirement and the lack of transparency on fees can be discouraging for traders. Moreover, the absence of demo accounts and the unclear information about the trading platform create uncertainties.
I would advise caution when considering Foya Limited as a brokerage option. Despite their claims of being regulated by the NFA, my investigation revealed discrepancies in their regulatory status. This inconsistency raises serious doubts about their credibility. The high minimum deposit requirement and the lack of transparency on fees can be discouraging for traders. Moreover, the absence of demo accounts and the unclear information about the trading platform create uncertainties.
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