qirhost 
1-2 years
What drawbacks have I noticed with SEVEN STAR FX?
Broker Issues
Regulation
06-10
United States
WikiFX
Reply
While there are some solid features, like diverse tradable instruments and low minimum deposit requirements, the biggest drawback for me is the lack of regulation. This lack of oversight puts my funds at risk, and that’s something I can’t ignore. Additionally, the high leverage ratio (up to 1:1000) presents significant risk, especially for less experienced traders. These cons are definitely something I’d mention in my SEVEN STAR FX review, as they impact overall safety and trustworthiness.
Similar Questions
Have you encountered any drawbacks with Billionext’s customer support or issues related to the stability of their platform?
PitBull 
08-08
Is CNI regulated by a reputable authority?
Jezreel2 
07-15
Does SinoSound have any cons?
Davis Wu 
05-27
Is GS CAPITAL safe and legit?
zack18 
07-25
Can you outline the main benefits of LiveTrade in terms of its available trading instruments and how its fee structure compares?
maseko 
07-01