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WikiFX
joalund
1-2 years

How trustworthy is KAB, considering it's unregulated?

Broker Issues
KAB
Regulation
08-04
United States
WikiFX
Reply

To be honest, I’m quite wary about using KAB because it’s unregulated. Regulation acts as a safety net for traders, ensuring that there are checks in place to prevent fraud or mismanagement of funds. Without regulation, there's no guarantee that the broker will handle my money responsibly or that there will be a transparent process for addressing any disputes. While KAB offers some attractive features, such as low spreads and high leverage, I always prioritize safety, and an unregulated broker simply doesn’t provide the same level of trustworthiness as one that is regulated.

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United States
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