Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Does XR Trading have any cons?
Broker Issues
Regulation
02-06
United States
WikiFX
Reply
A significant con for me is the lack of regulation, which makes it harder to trust the platform. Additionally, there is little transparency regarding the specific market instruments offered. Without knowing exactly what I can trade, it’s difficult for me to assess if it meets my trading needs.
Similar Questions
Judging from available reviews and your own research, how credible or trustworthy do you believe JINRUI FUTURES to be?
qirhost
06-13
What could be some drawbacks of using i SECURITIES for trading?
Solotim
08-04
Can I trust Radex Markets with my funds?
Prash_007
06-16
Is GVD Markets safe and legit?
Sergey5
07-01
What are the pros of GCM FX?
TradeTimeAllWasted
07-19