QM Trader 
1-2 years
Is Dbinvesting safe and legit?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
I’d say “legit” in the sense that they have a valid FSA license, but “safe” is a relative term here. Offshore regulation means fewer safeguards if something goes wrong. When I tested them, deposits went through without issues, but given the license type, I wouldn’t park large sums long-term. It’s the kind of broker I’d use for short-term trades, not for keeping my entire trading bankroll.
Similar Questions
Is SBI SECURITIES overseen by any financial regulatory bodies, and if so, which ones?
Darren Ross 
08-03
What are the pros and cons of NPBFX's regulation?
gnsrael 
08-14
What are the advantages of trading with Global Capital?
Sanford 
08-16
What are the pros and cons of XTB?
Tom Nalichowski 
07-10
Is EasyForex a regulated broker?
Hhduy 
07-11