Global Broker Regulation Inquiry App
WikiFX
Ibgentle 
1-2 years
What are the disadvantages of using Tradona Markets?
Broker Issues
Regulation
07-08
United States
WikiFX
Reply
In my Tradona Markets review, I would highlight that the main downside is the offshore regulation by FinCEN. This type of regulation offers less security and investor protection than more widely recognized bodies. Additionally, the lack of 24/7 customer support and limitations in copy trading (especially in replicating stock trades) are some factors I’d consider before fully committing to this broker.
Similar Questions
Can you confirm whether Galaxy Futures is regulated, and if so, which financial regulatory bodies oversee its operations?
ryad22
07-23
Is ProChoice a safe and legit broker?
Elio Matacena
07-10
What are the pros and cons of Core Prime's regulation?
Vongnarin
08-06
What are the pros of Axpo Switzerland?
Sanjay sirohi
05-18
What are the pros of Decode Global?
webgalaxy
07-03