Global Broker Regulation Inquiry App
WikiFX
sinopi 
1-2 years
Is Weltrade legit?
Broker Issues
Regulation
07-29
United States
WikiFX
Reply
In my opinion, Weltrade isn't fully legit. Despite claiming to be regulated by the NBRB, FSC, and FSCA, their licenses have either been revoked or exceeded. This raises concerns about their legitimacy. As a trader, I’d advise caution, as it lacks proper regulatory oversight, which is crucial for ensuring the safety of your funds in the forex market.
Similar Questions
What major risks or drawbacks should I consider before using RCG?
Rustam R
07-25
Does Traders Securities have any cons?
Дмитрий
08-03
What does PACSHK’s regulatory status mean for investors?
aariapoor
05-16
What are the pros of OTKRITIE?
Ahmed Harb
07-12
What are the cons of using Spectrum Forex?
Ashraf Shahhat
08-21