Global Broker Regulation Inquiry App
WikiFX
LoukiaCharilaou 
1-2 years
Is Equiti safe and legit?
Broker Issues
Regulation
05-31
United States
WikiFX
Reply
Given that Equiti is regulated by CySEC and has an offshore FSA license, I find it somewhat safe. The presence of regulatory oversight means that they are required to follow certain operational standards, but I always remain cautious when trading with offshore-regulated brokers. They provide access to a wide variety of markets, including forex and CFDs, but the lack of 24/7 customer support makes me cautious in case any issues arise outside regular hours.
Similar Questions
Does PIPS STAR provide the same level of protection as other regulated brokers?
Eziol
06-11
Is iFourX safe to use?
Thanh Thao
07-21
Is MR AGE a legitimate broker?
Aman A
08-04
What particular advantages does Huatai International offer in terms of its range of trading instruments and its fees?
Sergey5
09-01
Is Angel Broking regulated?
Дмитрий
06-18