Global Broker Regulation Inquiry App
WikiFX
QM Trader 
1-2 years
Does Newton Global have any cons?
Broker Issues
Regulation
07-03
United States
WikiFX
Reply
The main con for me is the lack of regulation, which increases the risk of trading on the platform. Additionally, the absence of MT4 could be a dealbreaker for traders who prefer that platform. Moreover, regional restrictions prevent users from certain countries, such as the USA and Cuba, from using the platform, which limits its global accessibility.
Similar Questions
Is Vida Markets a trustworthy broker?
Vahid
05-29
Given the reviews and your assessment, how would you evaluate whether Agility Forex is a legitimate company?
Arnold Joseph
08-13
Are there any cons to Anzo Capital?
Imranali Khatri
07-03
Is HF Markets regulated?
Aman A
05-02
Is 24K Markets regulated?
Vahid
08-11