Global Broker Regulation Inquiry App
WikiFX
Prash_007 
1-2 years
Is XA Markets a legit broker?
Broker Issues
Regulation
06-04
United States
WikiFX
Reply
XA Markets is a legit broker, but since it’s unregulated, I feel it's riskier than regulated alternatives. It’s important to be cautious when trading with an unregulated broker and thoroughly research it before investing any funds.
Similar Questions
Have you encountered any drawbacks with HMFS's customer support or issues related to platform stability?
seejay
08-16
What potential risks or drawbacks should I watch out for when dealing with CCB Futures?
Bhavani Durga K
08-09
How do I know if Hankotrade is a regulated broker?
Sanford
08-01
Is TA Enterprise a safe and legit broker to trade with?
seejay
07-22
Can you outline the primary benefits and drawbacks of trading with CDX?
Vahid
08-25