Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao 
1-2 years
Does Conotoxia have any cons?
Broker Issues
Regulation
05-28
United States
WikiFX
Reply
Cons include license suspension by CySEC for governance violations, high spreads and commission margins (~40 USD per million traded, or spreads up to ~5–10 pips), limited transparency on fees, and extremely poor user feedback about withdrawal processing and customer service responsiveness
Similar Questions
Is MetaTrader 4 legit?
Rpy Sundram
07-07
What are the pros and cons of Grand Markets?
Abu00saeed
06-14
What are the pros of 8 Bitnex?
Дмитрий
05-25
Based on your own experience, what would you say are the three biggest benefits of working with Applied Derivatives?
Rustam R
08-28
Does NuInvest have any cons?
Thobani Dlalda
07-14