Global Broker Regulation Inquiry App
WikiFX
Solotim 
1-2 years
Does AssetsFX have any cons due to its unregulated status?
Broker Issues
Regulation
07-15
United States
WikiFX
Reply
Yes, the lack of regulation is a huge downside. In my assetsfx review, I’d emphasize how this could expose traders to potential risks, especially when things go wrong. There are fewer protections in place compared to regulated brokers. This could be a deal-breaker for many, including myself.
Similar Questions
Is DK Trade a regulated broker?
JV1s24K_g0ld
08-04
What are the pros and cons of trading with Auxiliumfx?
Interbank Trader
07-10
What key risks or drawbacks should I consider before deciding to use H.H. Misbah Securities?
gnsrael
08-16
Is LONG ASIA GROUP a safe broker to trade with?
Imranali Khatri
02-26
Is QRSFX regulated?
Arnold Joseph
06-08