Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao
1-2 years

Is Jetvix a regulated broker?

Broker Issues
Jetvix
Regulation
08-13
United States
WikiFX
Reply

Jetvix is an unregulated trading platform, which means it operates without oversight from major financial regulatory authorities like the FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or CySEC (Cyprus Securities and Exchange Commission). While unregulated brokers are not necessarily fraudulent, they do not have to comply with the stringent requirements that regulated brokers must follow, such as segregating clients’ funds, offering dispute resolution channels, or providing guarantees on transparency. From my perspective, the lack of regulation raises significant concerns, as it can increase the risk of financial mismanagement, fraudulent activity, or unfair trading practices. As an unregulated platform, it is crucial for traders to be extra cautious when using Jetvix, and if possible, choose a broker that operates under a recognized regulatory body to ensure a higher level of protection for their investments.

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United States
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