Global Broker Regulation Inquiry App
WikiFX
Ashraf Shahhat 
1-2 years
Is MYFX Markets regulated?
Broker Issues
Regulation
2025-07-03
United States
WikiFX
Reply
Yes, MYFX Markets is regulated by the Seychelles FSA under offshore regulation, license number SD202. When I did my myfx markets review, the first thing I did was check the FSA registry to confirm the license exists. That said, offshore regulation is not the same as top-tier authorities like ASIC or FCA—it generally has looser rules on fund segregation and investor protection, so I personally treat it as higher risk.
Similar Questions
Considering reviews and your assessment, how credible do you believe Point72 to be?
Razzie87
2025-08-22
Can I trust Kyogin Securities as a legitimate broker?
Phoebe Yao
2025-08-03
Is XFINE a regulated broker?
Allan777
2025-03-30
What major risks or drawbacks should I consider before using RCG?
Rustam R
2025-07-25
Does Loyal Primus have any cons?
Mansuber007
2025-07-25