Mohammed Mazhar 
1-2 years
Is MarcoFX safe and legit to trade with?
Broker Issues
Regulation
08-05
United States
WikiFX
Reply
Since MarcoFX is unregulated, it’s considered less safe than brokers with regulatory oversight. From my perspective, the lack of regulation increases the risk, and I would personally be hesitant to use them for trading, especially with concerns about withdrawals and past negative reviews.
Similar Questions
What are the pros of Concord Securities Group?
Tom Nalichowski 
05-25
Does Lucrado have any cons?
x1250 
06-28
Considering reviews and your assessment, how legitimate do you think Gold Fun Corporation Ltd is?
Thobani Dlalda 
09-01
What are the cons of trading with LONG ASIA GROUP?
Ibgentle 
07-01
Based on your own experience, what do you consider to be the three main benefits of using Tasman FX?
Rojas 
07-18