Global Broker Regulation Inquiry App
WikiFX
Karoline Hardy 
1-2 years
What are the pros and cons of Fortuna Markets' regulation?
Broker Issues
Regulation
08-10
United States
WikiFX
Reply
The pros of Fortuna broker's regulation under CySEC and Seychelles FSA are that they provide some level of investor protection. The con, however, is that their unverified ASIC license raises a red flag for me. I’d recommend focusing on their CySEC regulation for safety, but still, an unverified ASIC license makes me hesitant to fully trust them.
Similar Questions
What are the cons of IUX?
Tom Rossito - Toronto
08-09
What are the cons of BROKSTOCK?
webgalaxy
08-05
Can you highlight the main benefits of Nova Finance when it comes to its selection of trading instruments and its fee setup?
Sanjay sirohi
07-31
Is E.SUN Securities regulated in Taiwan?
Tom Nalichowski
06-28
What are the pros of Brainstorm Market?
J Forex Trader
07-01