Global Broker Regulation Inquiry App
WikiFX
kennis2244 
1-2 years
What drawbacks do I see with EasyForex?
Broker Issues
Regulation
08-14
United States
WikiFX
Reply
The main drawback for me is the unverified ASIC license, which raises concerns about its legitimacy. Additionally, the wide spread starting at 1.8 pips can eat into my profits, and the lack of a demo account makes it harder to test strategies before trading real money.
