Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Does XR Trading have any cons?
Broker Issues
Regulation
02-06
United States
WikiFX
Reply
A significant con for me is the lack of regulation, which makes it harder to trust the platform. Additionally, there is little transparency regarding the specific market instruments offered. Without knowing exactly what I can trade, it’s difficult for me to assess if it meets my trading needs.
Similar Questions
Have you encountered any drawbacks with Hirose Financial's customer service or issues related to the stability of their trading platform?
Ashraf20
08-08
Is Tera Yatırım regulated?
Rojas
08-21
What major risks or downsides should I keep in mind if I decide to use Akatsuki?
Phoebe Yao
08-15
What are the advantages and disadvantages of Agena Markets?
ritzyshona
08-10
Does FNory have any cons?
Elio Matacena
07-21