Global Broker Regulation Inquiry App
WikiFX
aariapoor 
1-2 years
What are the main drawbacks of using N1CM?
Broker Issues
Regulation
05-08
United States
WikiFX
Reply
The biggest drawback for me is the revoked VFSC license, which means N1CM is no longer a regulated broker. This makes me hesitant to trust the platform for long-term trading. In addition, the regional restrictions and commission fees on certain accounts can limit accessibility and increase costs for traders. For me, this is a significant con when considering the broker in any N1CM review.
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