Global Broker Regulation Inquiry App
WikiFX
Mohammed Mazhar 
1-2 years
Is EPFX safe to trade with?
Broker Issues
Regulation
06-23
United States
WikiFX
Reply
Since EPFX's ASIC license has been revoked and its FSCA license remains unverified, I would consider it risky to trade with them. While the platform offers a variety of trading instruments, the lack of strong regulation means there may be limited recourse if something goes wrong. From my perspective, EPFX broker might be more suited for experienced traders who can manage risk, but I’d be cautious.
Similar Questions
What major risks or downsides should I consider before choosing IFIC Bank?
Moshiheya
07-09
Could you outline the particular advantages Dhan offers in terms of its range of trading instruments and its fee structure?
Mohammed Mazhar
07-20
Does Space World Capital have any cons?
kennis2244
07-15
What are the advantages of FXBTG’s regulation?
Shoofar
06-10
Is Orsted a safe and legit company to trade with?
Imranali Khatri
06-21