Global Broker Regulation Inquiry App
WikiFX
Interbank Trader 
1-2 years
Is Igfxmarket considered a regulated broker?
Broker Issues
Regulation
08-12
United States
WikiFX
Reply
Igfxmarket operates without regulation, which is a critical concern for traders. Founded in 2018 and registered in the United States, it does not have any valid regulatory licenses. Regulation ensures that a broker adheres to strict legal and ethical standards that protect traders' funds and provide accountability. The absence of regulation leaves traders vulnerable to potential risks, as there are no safeguards in place to ensure the broker operates fairly and transparently. For me, this makes Igfxmarket an unreliable choice.
Similar Questions
Given the available reviews and your expert assessment, what is your evaluation of Huatai International’s legitimacy?
Rpy Sundram
09-03
Is Rubik Trade regulated?
Sanford
08-08
Is MSG regulated?
Elio Matacena
06-03
Can you outline the particular advantages TCS offers in terms of its available trading instruments and its fee structure?
Дмитрий
08-25
What are the pros of Concord Securities Group?
Tom Nalichowski
05-25