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WikiFX
Franko Knavs
1-2 years

Is BenchMark safe and legit for me to trade with?

Broker Issues
BenchMark
Regulation
07-23
United States
WikiFX
Reply

From a safety perspective, benchmark broker is risky due to its unverified status. A broker that lacks proper regulation often doesn’t have the same level of oversight, which could potentially lead to misuse of funds or unethical trading practices. While their benchmark trading platform may appear legitimate, and they offer features like no deposit fees and low spreads, the benchmark platform could still carry underlying risks that are not visible at first glance. In my personal opinion, until they get verified by a credible regulatory authority, I would hesitate to invest significant funds with them.

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United States
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