joalund 
1-2 years
What are the cons of Seventy Brokers?
Broker Issues
Regulation
07-19
United States
WikiFX
Reply
On the downside, Seventy Brokers’ lack of regulation is a big concern for me. Not being under the scrutiny of an established regulator leaves me unsure about the safety of my funds. Additionally, their limited educational resources mean that I would have to rely on external sources to improve my trading skills, which could be a drawback for new traders like me.
Similar Questions
Is Topmax Global regulated?
TJensen 
06-02
Can you outline the main benefits of LiveTrade in terms of its available trading instruments and how its fee structure compares?
maseko 
07-01
Is Colmex Pro regulated in the United States?
MarceloD 
06-09
Based on your own experience, what do you consider the three biggest benefits of working with SinoPac Holdings?
marcustan 
07-14
Can I trust OFX for international money transfers?
joalund 
05-11