WikiFX
WikiFX
sinopi 
1-2 years
Is Weltrade legit?
Broker Issues
Regulation
07-29
United States
WikiFX
Reply
In my opinion, Weltrade isn't fully legit. Despite claiming to be regulated by the NBRB, FSC, and FSCA, their licenses have either been revoked or exceeded. This raises concerns about their legitimacy. As a trader, I’d advise caution, as it lacks proper regulatory oversight, which is crucial for ensuring the safety of your funds in the forex market.
Similar Questions
Is Exfor Limited a safe and legit broker?
edgeisedge 
06-08
Would you consider GMO CLICK to be a trustworthy and reliable broker for trading purposes?
Rustam R 
08-25
How does the regulation affect my safety as a trader?
edgeisedge 
08-15
Is Toho Securities a legit and trustworthy broker?
Davis Wu 
06-19
What major risks or drawbacks should I consider before using RCG?
Rustam R 
07-25