WikiFX

Sagot

Yes, ePlanet Brokers LTD is offshore regulated by the Mwali International Services Authority (MISA), based in Comoros. The broker holds a Retail Forex License with the number T2023372. However, offshore regulation typically lacks the stringent investor protection that well-established authorities like the FCA (Financial Conduct Authority) or ASIC (Australian Securities and Investments Commission) offer. In my opinion, while the broker does have regulatory status, trading with an offshore-regulated firm can bring certain risks, particularly regarding transparency and legal recourse in the event of a dispute. Offshore regulations tend to be less strict and may not enforce the same level of financial security measures as some of the more established regulators in Europe or the US. I’d suggest exercising caution and ensuring you fully understand the potential limitations involved before committing large sums of money.