Global Broker Regulation Inquiry App
WikiFX
PitBull 
1-2 years
Is IFA a safe and legit broker?
Broker Issues
Regulation
07-17
United States
WikiFX
Reply
While IFA offers a range of trading instruments and uses the popular MetaTrader 5 platform, its lack of regulation poses a risk to traders. The absence of regulatory oversight means there is no formal protection for investors, which makes it less safe compared to regulated brokers.
Similar Questions
According to your research and feedback from others, how legitimate do you believe Ces Futures is?
Sergey5
08-22
What are the main advantages of using bitcastle?
Tomas
07-25
Is UIIC overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
Razzie87
08-17
What are the pros and cons of Seaprimecapitals?
Arnold Joseph
08-15
What do I think are the upsides and downsides of IFX Brokers?
Elio Matacena
07-24