Global Broker Regulation Inquiry App
WikiFX
Razzie87 
1-2 years
What are the cons of TAEBANK?
Broker Issues
Regulation
2025-05-26
United States
WikiFX
Reply
One downside I’ve noticed is that TAEBANK is relatively new—it’s been operating for less than a year—so it still lacks a long-standing track record. Also, its FinCEN license doesn’t cover trading conduct, and there’s no clear info about spreads, leverage, or account types on the site, which can be a drawback for risk-conscious traders like me.
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