Global Broker Regulation Inquiry App
WikiFX
Serious74 
1-2 years
Can I trust FXGROW with my funds?
Broker Issues
Regulation
05-24
United States
WikiFX
Reply
Although FXGROW holds CySEC regulation, the fact that it has been sanctioned by other authorities like VFSC makes me question its trustworthiness. I prefer trading with brokers that have a clean regulatory history. While CySEC regulation offers some safety, I would proceed carefully given the broker's checkered past.
Similar Questions
How does InverForx's regulatory status provide protection for my funds?
Davis Wu
07-22
What are the pros of RoboMarkets?
Bhavani Durga K
08-10
What are the pros and cons of trading with 3angleFX?
Rojas
07-15
Is Kudotrade safe and legit?
ritzyshona
06-25
What are the pros and cons of XTB?
Tom Nalichowski
07-10