Global Broker Regulation Inquiry App
WikiFX
Allan777 
1-2 years
Is S.A.M. Trade a safe broker to trade with?
Broker Issues
Regulation
2025-06-13
United States
WikiFX
Reply
Since S.A.M. Trade is unlicensed, I would be cautious. The lack of regulation means that there’s no regulatory body to ensure they are following proper practices or safeguarding clients' funds. While they offer a wide range of assets, the absence of oversight makes it a risky option, in my opinion.
Similar Questions
What major risks or drawbacks should I consider before banking with U.S. Bank?
sinopi
2025-08-31
Does Space World Capital have any cons?
kennis2244
2025-07-15
Is Spiremarket a regulated broker?
Karoline Hardy
2025-07-26
Is BlaFX regulated?
Elio Matacena
2025-05-21
What are the key advantages and disadvantages of trading with BOOM?
Tom Nalichowski
2025-08-14