From my experience navigating brokers with varying regulatory backgrounds, Linear presents some notable risks that must be carefully considered before opening an account. While Linear appears to hold a UK FCA license and claims a 10-15 year operating history, the WikiFX context highlights several serious concerns for me. Perhaps most critically, there are clear warnings about “high potential risk” and a “suspicious scope of business,” which signals to me that there are unresolved questions about the broker’s transparency and operational integrity.
One red flag that stands out is the report of no physical office found during an in-person visit—something I consider important for establishing a broker’s legitimacy. Additionally, the FCA has published a Decision Notice concerning Linear Investments Limited, and while I know regulatory notices can cover a range of issues, any formal warning from such a respected regulatory body prompts me toward extra caution. The fact that Linear’s risk management index is marked at 0.00 further adds to my reservations, as robust risk management frameworks are a baseline expectation for my funds’ safety.
With these factors in mind, I approach Linear conservatively. I wouldn’t commit significant capital until I can independently verify its regulatory status, investigate the nature of the FCA’s concerns, and confirm clear lines of communication with their staff. For me, brokers with physical presence, transparent practices, and a trouble-free compliance history offer greater peace of mind. With Linear, I’d proceed only with heightened vigilance and thorough due diligence.
