Global Broker Regulation Inquiry App
WikiFX
Shoofar 
1-2 years
What are the advantages of FXBTG’s regulation?
Broker Issues
Regulation
06-10
United States
WikiFX
Reply
The advantage of FXBTG’s registration with FMA is that it operates legally in New Zealand, which assures me that it's a legitimate broker. However, the Exceeded regulatory status is a downside, as it means less comprehensive oversight, and I remain vigilant about how FXBTG handles my funds.
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