Global Broker Regulation Inquiry App
WikiFX
kennis2244 
1-2 years
What are the advantages of trading with NatureForex?
Broker Issues
Regulation
07-14
United States
WikiFX
Reply
One advantage that stands out to me is the low minimum deposit requirement of just $20. This is perfect for traders who want to start small without risking too much capital. Additionally, the spreads starting at 0.3 pips on EUR/USD are very competitive, making trading more cost-effective. However, the revoked regulatory status is a major concern for me, as it suggests that there is no oversight protecting my investments, which could lead to potential issues down the road.
Similar Questions
What are the advantages of opening a WK account?
Nagarjuna
07-06
Is IronFX regulated?
TJensen
06-13
What are the pros of SDstar FX？
Hhduy
06-24
What are the main risks or drawbacks I should consider before using CENTRAL?
Chris hagerman
08-18
How does the lack of regulation affect WOOD & Co’s legitimacy?
WoodCrusher
08-24