Introduction
Guardian Stockbrokers is a forex broker that claims to be based in the UK. However, there is no information on their website about who they are or what their credentials are. Furthermore, the website is registered in the Seychelles, which is a known tax haven. The company also does not have a license from the Financial Conduct Authority (FCA) or any other regulatory body. This means that they are not subject to any regulations in the UK. We would not recommend trading with Guardian Stockbrokers.
What is Guardian Stockbrokers?
As a forex trader, you need to feel confident that your broker is legitimate and will not scam you. So, is Guardian Stockbrokers a legit or scam forex broker?
Guardian Stockbrokers is a UK-based brokerage firm that offers online trading services for forex and CFDs. The company is authorised and regulated by the Financial Conduct Authority (FCA), which means it meets strict financial regulations and standards.
In addition, Guardian Stockbrokers offer negative balance protection to their clients, which means you cannot lose more money than you have invested. This is a important safety feature that not all brokers offer.
Overall, we believe Guardian Stockbrokers is a legit and safe broker for forex trading.
Is Guardian Stockbrokers a Legit or Scam Forex Broker?
If you’re thinking about investing in forex through Guardian Stockbrokers, you might be wondering if this broker is legitimate or a scam. Here’s what we can tell you about Guardian Stockbrokers:
This forex broker is regulated by the Australian Securities and Investments Commission (ASIC), which means it is held to high standards of operation and customer protection.
Furthermore, Guardian Stockbrokers is a member of the Financial Ombudsman Service (FOS), which provides dispute resolution services for customers of financial firms in Australia.
In other words, if you were to experience any problems with your account or transactions with Guardian Stockbrokers, you would have a avenue for recourse.
Based on these facts, we believe that Guardian Stockbrokers is a legitimate and safe forex broker for Australians to trade with.
Pros and Cons of Guardian Stockbrokers
There are a lot of online stockbrokers out there, and it can be tough to decide which one is right for you. If you’re looking into Guardian Stockbrokers, here are some things to consider.
Pros:
-Guardian Stockbrokers is a legit and regulated forex broker.
-They offer a wide range of currency pairs and other assets to trade.
-Their trading platform is user-friendly and they have helpful customer support.
Cons:
-Guardian Stockbrokers doesn’t accept clients from the US.
-Their spreads are a bit higher than some other brokers.
Conclusion
Guardian Stockbrokers is a legit forex broker that offers a wide range of features and services to its clients. However, it is important to note that this broker is not regulated by any major financial regulator, which could be a cause for concern for some investors. Overall, Guardian Stockbrokers is a decent broker that could be worth considering for your forex trading needs.