Global Broker Regulation Inquiry App
WikiFX
Solotim 
1-2 years
Are there any downsides to using Vonway broker?
Broker Issues
Regulation
06-23
United States
WikiFX
Reply
The biggest downside I see with Vonway broker is its offshore regulatory status. It doesn’t provide the same investor protection that brokers regulated by authorities like CySEC or the FCA offer. It makes me a bit more cautious when making trades in Vonway forex markets, even though the broker itself is legit.
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