Global Broker Regulation Inquiry App
WikiFX
WoodCrusher 
1-2 years
Is PROXTREND regulated?
Broker Issues
Regulation
05-29
United States
WikiFX
Reply
PROXTREND broker is not regulated by any reputable financial body, which is a bit of a red flag for me. While I understand that some brokers operate without regulation, I personally prefer to trade with brokers that are fully regulated. The lack of regulation means there is no guarantee of protection for my funds, which makes me cautious about committing significant capital.
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