60op

According to WikiFX assessment, trading with 60op presents a significant risk profile. The firm, GRAMIN SA, operates without any valid forex trading licenses from mainstream financial authorities and is headquartered offshore. Its overall WikiFX Score of 1.57 reflects low regulatory and risk control indices, offering clients minimal formal investor protections. For these reasons, engaging with this entity warrants a high degree of caution.

No, 60op is not regulated for forex brokerage services. The firm operates as an unlicensed entity, holding no verifiable authorizations from established regulatory bodies. Its primary corporate registration is in the Marshall Islands, a jurisdiction not known for stringent financial oversight, and its linked marketing arm is based in Bulgaria.

60op, owned by the company GRAMIN SA, is registered in the Marshall Islands. According to its corporate structure, it maintains a secondary, marketing-focused company in Bulgaria, but the operational hub for the brokerage services is based offshore in the Marshall Islands.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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