Global Broker Regulation Inquiry App
WikiFX
Solotim 
1-2 years
Does AssetsFX have any cons due to its unregulated status?
Broker Issues
Regulation
07-15
United States
WikiFX
Reply
Yes, the lack of regulation is a huge downside. In my assetsfx review, I’d emphasize how this could expose traders to potential risks, especially when things go wrong. There are fewer protections in place compared to regulated brokers. This could be a deal-breaker for many, including myself.
Similar Questions
What major risks or downsides should I keep in mind if I decide to use Akatsuki?
Phoebe Yao
08-15
Is One Asia Securities regulated?
DoreenVanDenHeever
07-05
Is AUS GLOBAL a safe and trustworthy broker?
ryad22
05-23
Is Global Premier regulated?
Razzie87
06-08
What are the pros of Carbon Capital?
TradeTimeAllWasted
06-02