Rpy Sundram 
1-2 years
Is FXEM a regulated broker?
Broker Issues
Regulation
07-19
United States
WikiFX
Reply
FXEM is an unregulated broker, and this is something I take very seriously. In my experience, when a broker isn't regulated, it’s a significant risk factor, especially when it comes to the safety of my funds. Regulation is important because it provides a level of assurance that the broker is following rules and standards that protect clients. In this case, the absence of regulation by recognized authorities means there’s no oversight to ensure the broker operates fairly and transparently. So, for me, it's a big red flag.
Similar Questions
Is WeTrade safe and legit?
Allan777 
07-12
Is Motilal Oswal licensed and overseen by any financial regulatory bodies, and if so, which ones?
Vladimir 
08-21
Is Pocket Broker a legitimate broker?
Bhavani Durga K 
06-19
What are the pros of Global Link Advisers?
Tom Nalichowski 
07-29
What are the main risks or drawbacks I should consider before using ATG?
Vahid 
05-13