Global Broker Regulation Inquiry App
WikiFX
LoukiaCharilaou 
1-2 years
Is Sicher Mayor safe to use?
Broker Issues
Regulation
07-16
United States
WikiFX
Reply
Since Sicher Mayor operates without regulation, I would say that it poses a risk. Although the platform offers useful features like leverage and a wide range of market instruments, the lack of regulation means there's no assurance of protection for my funds in case of issues. I would be cautious about using this platform, as I would with any unregulated broker.
Similar Questions
What major risks or drawbacks should I keep in mind if I decide to use R K Global?
Abu00saeed
08-15
What are the pros and cons of AdroFX?
x1250
05-29
Can I safely trade with IQTrade?
Mohammed Mazhar
03-17
Is Hirogin Securities a regulated broker?
Tom Nalichowski
08-18
What are the pros of using TradeXN?
WoodCrusher
08-08