Global Broker Regulation Inquiry App
WikiFX
Ashraf20 
1-2 years
Does GCM FX have any cons?
Broker Issues
Regulation
06-22
United States
WikiFX
Reply
Yes, a few that stand out to me. The biggest is the lack of regulation. They also don’t provide clear information on their account types, spreads, or commissions, so I can’t calculate my trading costs in advance. On top of that, I couldn’t find their minimum deposit requirement, which makes it harder to plan.
Similar Questions
Can you detail the particular benefits of MSB e-Trade when it comes to its selection of trading instruments and its fee structure?
tabawan_dreamer
08-07
Is PT. ORBI TRADE BERJANGKA safe and legit?
Nali5689
07-10
What major risks or downsides should I consider before choosing to use AXA?
TJensen
08-05
What are the pros of Capital Fx?
helpneeded
08-09
What major risks or drawbacks should I watch out for when using FXTF?
Allan777
06-27