Global Broker Regulation Inquiry App
WikiFX
Ahmed Harb 
1-2 years
Is PROXTREND safe to trade with?
Broker Issues
Regulation
06-11
United States
WikiFX
Reply
Since PROXTREND trading isn’t regulated, I would proceed with caution. Although I appreciate the features they offer, such as high leverage and low spreads, the unregulated status makes me think twice. I’d be more comfortable using a broker that offers regulatory oversight, as it provides an added layer of security.
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