Global Broker Regulation Inquiry App
WikiFX
Davis Wu 
1-2 years
What are the advantages of trading with TrueFriend?
Broker Issues
Regulation
2025-08-13
United States
WikiFX
Reply
TrueFriend offers a range of services, including brokerage, retirement pensions, and OTC derivatives. The broker’s long operational history since 2003 provides some stability, and their offerings for both domestic and international markets, such as commodities and FX, are appealing to a wide range of traders. The availability of custom financial solutions and risk management services can also benefit investors. However, despite these advantages, the absence of regulation remains a critical drawback. It’s important to weigh the pros against the risks before opening an OTC account or using the PayFX trading platform.
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