Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Is MOTFX a regulated broker?
Broker Issues
Regulation
08-02
United States
WikiFX
Reply
MOTFX is unregulated, which raises concerns for me. I prefer dealing with regulated brokers because they offer an extra layer of security and ensure that client funds are protected. Without regulation, I would be more cautious about depositing significant amounts with MOTFX broker.
