Global Broker Regulation Inquiry App
WikiFX
sweetosh 
1-2 years
Does Vakif FX have any cons?
Broker Issues
Regulation
2025-08-04
United States
WikiFX
Reply
Yes, Vakif FX’s biggest con is being unregulated. For me, this is a deal-breaker as it means my funds wouldn’t be protected by any financial authority. The lack of a demo account is another drawback, as it makes it harder for me to test the platform risk-free before committing real money.
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