Interbank Trader 
1-2 years
Is LXFX safe and legit?
Broker Issues
Regulation
04-15
United States
WikiFX
Reply
LXFX is not officially regulated, which raises concerns about its legitimacy. While the broker claims to have provided legal disclosures, such as a money laundering policy and customer agreement, the lack of regulatory supervision introduces potential risks for traders.
Similar Questions
Is LDN Global Markets regulated?
Five8 
07-08
Is CMB overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
WoodCrusher 
09-01
Is XMR Markets regulated?
WoodCrusher 
04-26
Is SLG Markets regulated?
Ahmed Harb 
06-14
How trustworthy is KAB, considering it's unregulated?
joalund 
08-04