Global Broker Regulation Inquiry App
WikiFX
Wahab 
1-2 years
What’s good and bad about Morfin FX?
Broker Issues
Regulation
2025-05-11
United States
WikiFX
Reply
The good side is, they offer a ton of trading instruments, including forex, commodities, cryptos, and CFDs, plus their zero-commission model is a nice touch for lowering costs. However, the bad side is the lack of regulation and no clear options for demo or Islamic accounts. That might be a dealbreaker for me if I was just starting out or needed those features.
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