Global Broker Regulation Inquiry App
WikiFX
Ahmed Harb 
1-2 years
Are there any cons to using ForexBY?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
Yes, ForexBY has several limitations including a high minimum deposit of $500, inactivity fees, trading commissions on certain accounts, and it does not offer a demo account. Additionally, it restricts access for residents in multiple countries.
Similar Questions
In what ways does HUA TAI’s regulatory standing help safeguard my funds?
Wahab
07-02
Is FinPros a regulated broker?
mohdfazlan
06-04
What are the pros and cons of Trendo?
MarceloD
07-14
Considering available reviews and your assessment, how trustworthy do you find LUKFOOK JEWELLERY to be?
Imranali Khatri
08-29
What are the pros of Vatee’s regulation?
Hhduy
08-18