Shoofar 
1-2 years
Is CedarFX legit?
Broker Issues
Regulation
08-02
United States
WikiFX
Reply
CedarFX claims to be registered in Mauritius, but since the country lacks a recognized financial authority to oversee FX or CFD brokers, I personally wouldn’t consider it fully legit. In my CedarFX review, I’d point out that its unregulated status might not provide the same level of security as regulated brokers. For me, I always prefer trading with platforms that are regulated by reputable authorities.
Similar Questions
What are the pros and cons of The Trading Pit?
Sergey5 
08-10
Could you outline the key benefits and potential drawbacks of trading on the DGCX platform?
Darren Ross 
09-06
What are the pros of Prestige?
gnsrael 
06-28
What are the disadvantages of trading with PhillipCapital?
Arnold Joseph 
05-27
Is Praxis a regulated broker?
Eziol 
02-26