Global Broker Regulation Inquiry App
WikiFX
marcustan 
1-2 years
Is BROKSTOCK safe and legit?
Broker Issues
Regulation
05-07
United States
WikiFX
Reply
If you’re asking is brokstock legit, my honest opinion is that it’s complicated. It was once officially licensed, which made it safer, but now that the FSCA status is expired, the level of protection has dropped. Personally, I would treat BROKSTOCK with caution and only trade small amounts to test how reliable it is before committing more funds.
Similar Questions
Do I see any risks in using LBMA?
Phoebe Yao
06-12
Is PhillipCapital regulated?
Vahid
05-08
What are the disadvantages of trading with Axel Capitals?
Tom Nalichowski
07-07
Does Neuron Markets offer any benefits despite its unregulated status?
Vladimir
07-05
What are the pros and cons of SMART BALANCE?
Prash_007
07-16