Global Broker Regulation Inquiry App
WikiFX
LoukiaCharilaou 
1-2 years
What are the cons of Corex Market?
Broker Issues
Regulation
06-29
United States
WikiFX
Reply
One of the biggest drawbacks for me is that Corex Market is unregulated. This is a major concern as it means there’s no official oversight or investor protection. Another downside is that they only support crypto deposits and withdrawals, which can be inconvenient for someone like me who prefers to use traditional banking methods for transactions. This could make withdrawals slower and more complex for users unfamiliar with crypto.
Similar Questions
What are the pros of SinoSound?
PitBull
04-18
What are the primary advantages and disadvantages of trading through Jarden?
Rojas
07-27
What does it mean that Imamura Securities is regulated by the FSA?
TradeTimeAllWasted
07-24
Is FXCC regulated?
Ashraf Shahhat
07-17
Is Noor Al Mal a legit broker?
Wahab
06-20