Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Does XR Trading have any cons?
Broker Issues
Regulation
02-06
United States
WikiFX
Reply
A significant con for me is the lack of regulation, which makes it harder to trust the platform. Additionally, there is little transparency regarding the specific market instruments offered. Without knowing exactly what I can trade, it’s difficult for me to assess if it meets my trading needs.
Similar Questions
Is BOCOM regulated?
mohdfazlan
07-15
In what ways does Tiger Markets（test）'s regulatory standing help safeguard my funds?
TradeTimeAllWasted
09-04
What are the cons of IUX?
Tom Rossito - Toronto
08-09
What are the pros of trading with JFX?
Arnold Joseph
06-21
What are the primary advantages and disadvantages of trading through CLC?
qirhost
08-20