Global Broker Regulation Inquiry App
WikiFX
Hhduy 
1-2 years
What are the pros of Vatee’s regulation?
Broker Issues
Regulation
08-18
United States
WikiFX
Reply
Vatee’s regulation by ASIC is a significant advantage, in my opinion. ASIC is known for its rigorous regulatory framework, which ensures that brokers maintain high standards of transparency and client protection. This gives me a level of confidence that the broker is following ethical practices. The dual regulation, with the VFSC adding an additional layer of oversight, is a positive in terms of legitimacy. However, I would still lean towards brokers that are solely regulated by stronger global authorities.
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