Global Broker Regulation Inquiry App
WikiFX
TJensen 
1-2 years
Is the money wave safe and legit?
Broker Issues
Regulation
06-03
United States
WikiFX
Reply
Since the Money Wave is unregulated, I would not consider it entirely safe or legit. An unregulated broker increases the risk of potential issues like fraud or mismanagement of funds. I recommend approaching with caution and fully understanding the risks involved before trading. Without a regulatory body overseeing the platform, there’s no guarantee that it adheres to proper trading practices.
Similar Questions
Is Zara Commodities a regulated broker?
Tom Rossito - Toronto
07-11
2. Is Vantage regulated?
Mohammed Mazhar
07-01
In what ways does TD's regulatory standing help safeguard my money?
edgeisedge
08-20
What are the advantages of trading with Arqaam?
Nali5689
05-18
What are the pros of trading with GMZ Global?
Ahmed Harb
06-20