Global Broker Regulation Inquiry App
WikiFX
RichN 
1-2 years
Is UFX regulated?
Broker Issues
Regulation
06-18
United States
WikiFX
Reply
From my own research into UFX, I can confirm that it was once regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 127/10, but that license has been revoked. This means it currently operates without active regulatory oversight, which for me is a major red flag. Trading with an unregulated broker like UFX means there’s no investor protection from a financial authority if things go wrong.
Similar Questions
Is CICC regulated?
Дмитрий
07-20
Is ehamarkets a regulated broker?
Allan777
05-15
What key risks or drawbacks should I consider before deciding to use H.H. Misbah Securities?
gnsrael
08-16
Is GUOYUAN FUTURES regulated?
Sam35
08-09
How does Okasan Niigata compare to international brokers?
LoukiaCharilaou
08-27