Global Broker Regulation Inquiry App
WikiFX
Tom Rossito - Toronto 
1-2 years
What makes JRFX safe or risky for trading?
Broker Issues
Regulation
07-02
United States
WikiFX
Reply
From my perspective, JRFX is risky to trade with due to its lack of valid regulation. Without proper oversight, there’s a higher risk of encountering potential issues with fund safety or transparency. For me, safety in trading is paramount, and a regulated broker offers that protection, which JRFX currently lacks.
Similar Questions
Can you outline the particular advantages Yuanta offers in terms of its available trading instruments and fee system?
Aman A
07-09
Does ePlanet Brokers LTD have any cons?
schlaepfi
08-22
What are the risks of trading on an unregulated platform like ABI Commodity Futures?
Sanford
07-21
Is Meiwa Securities safe and legit for me to trade with?
Tricia54
08-09
Is Colmex Pro regulated in the United States?
MarceloD
06-09