Global Broker Regulation Inquiry App
WikiFX
aariapoor 
1-2 years
Is Trading IM safe and legit?
Broker Issues
Regulation
03-17
United States
WikiFX
Reply
Trading IM lacks regulation, which raises serious concerns about its safety and legitimacy. While it offers popular market instruments and multiple customer support channels, the absence of regulatory oversight means traders do not benefit from standard protections, increasing the risk of potential financial loss. Prudence and thorough risk management are essential when using such platforms.
Similar Questions
Is ADMIS overseen by any regulatory bodies, and if so, which financial authorities are responsible?
Razzie87
07-08
Is MOVES MANAGER LTD regulated?
schlaepfi
05-03
Is Capitalix a safe and legit broker?
Imranali Khatri
06-12
What are the pros of Sage FX?
Moshiheya
03-28
Is Finveo a safe and legit broker?
maseko
08-07