Global Broker Regulation Inquiry App
WikiFX
Tricia54 
1-2 years
Is XR Trading a safe and legit broker?
Broker Issues
Regulation
05-06
United States
WikiFX
Reply
Although XR Trading claims to provide liquidity and facilitate efficient markets, it is not regulated. In my experience, working with unregulated brokers can be risky because there’s no oversight protecting my investments. While XR Trading may be legitimate, I would be cautious, especially given the lack of regulatory protection.
Similar Questions
Are there any benefits to using Waldora Limited?
Rpy Sundram
06-29
Are there any downsides to using Daiwa?
Darren Ross
08-05
Is Guotai Junan Futures safe and legit to trade with?
Tom Rossito - Toronto
07-14
Can you outline the particular advantages Mega Securities offers in terms of its available trading instruments and fee system?
edgeisedge
08-02
Can you outline the particular benefits of ATAS when it comes to its available trading instruments and how its fees are structured?
mohdfazlan
08-07