Global Broker Regulation Inquiry App
WikiFX
Franko Knavs 
1-2 years
Is ORBEX a reliable and legit broker for trading?
Broker Issues
Regulation
08-14
United States
WikiFX
Reply
Yes, I believe ORBEX trading is reliable since it’s regulated by CYSEC, and offers features like negative balance protection. However, the 1:500 leverage they provide can be risky, so I always ensure I use it cautiously to avoid potential losses.
Similar Questions
What benefits come with trading through Naito Securities?
TradeTimeAllWasted
07-21
Is GFX Securities overseen by any regulatory bodies, and if so, which financial authorities are responsible for regulating them?
Prash_007
08-16
What are the main risks or potential drawbacks to consider when trading with Ces Futures?
Aman A
09-02
Can I trust bitcastle to trade safely?
Arnold Joseph
06-03
3. What are the cons of the Bank of India?
Allan777
07-18