Global Broker Regulation Inquiry App
WikiFX
Nagarjuna 
1-2 years
Is STAGE FIVE regulated?
Broker Issues
Regulation
08-07
United States
WikiFX
Reply
From my own digging into STAGE FIVE, they are listed under the National Futures Association (NFA) in the United States with license number 0444666. But the important part is that their status is marked as “Unverified”. For me, that means the registration exists in name but hasn’t been fully confirmed, so I wouldn’t take it as guaranteed protection.
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