Mohammed Mazhar 
1-2 years
Is IS6FX safe for me to trade with?
Broker Issues
Regulation
08-06
United States
WikiFX
Reply
Considering that IS6FX is regulated by the Mauritius FSC, it is safer than completely unregulated brokers, but its offshore status means it doesn’t offer the same level of investor security as those regulated by top-tier bodies such as the FCA or ASIC. While I’d be comfortable trading with them for smaller positions, I’d be hesitant to deposit larger sums of money without further investigation into the specifics of their compliance. For someone like me who prioritizes risk management, the offshore regulation is a major consideration, and I would need to feel confident about the potential risks involved before diving in.