Sanford 
1-2 years
What should investors know about the risks of unregulated investment firms like WOOD & Co?
Broker Issues
Regulation
2025-06-14
United States
WikiFX
Reply
The main risk of investing with an unregulated firm like WOOD & Co is the lack of financial oversight. Without regulation, there is no external body to monitor the company’s activities, financial health, or the treatment of investor funds. This can lead to a higher chance of financial mismanagement, fraud, or lack of transparency. Investors need to ensure that they are fully aware of these risks and that they have a clear understanding of the company’s operations before investing.
Similar Questions
Is Zheshang International a good choice for a regulated broker?
qirhost 
2025-07-04
Is BESTONFX safe and legit for me to trade with?
Mansuber007 
2025-06-28
What are the potential drawbacks of using Focus Markets?
Darren Ross 
2025-08-14
Have you encountered any drawbacks related to Consorsbank’s customer service or the reliability of its platform?
Elio Matacena 
2025-07-06
Does FXCE have any cons?
Ashraf20 
2025-07-15