Global Broker Regulation Inquiry App
WikiFX
Rustam R 
1-2 years
Does Zara Commodities have any cons?
Broker Issues
Regulation
06-21
United States
WikiFX
Reply
The biggest con for me is that Zara Commodities is unregulated. I can’t trust a broker fully without proper regulation, as it’s a major factor in ensuring the safety of my funds. Additionally, they charge commissions, and the spreads are not transparent. They also don’t offer MT4, which many traders prefer.
Similar Questions
What are the disadvantages of using Tradona Markets?
Ibgentle
07-08
Is Oriental Securities Corporation overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
joalund
08-20
Is Bank First safe and legit for me to trade with?
Sanford
07-17
Is LION a safe platform for trading?
MarceloD
08-15
What are the benefits of choosing i SECURITIES for trading?
maseko
07-23