Global Broker Regulation Inquiry App
WikiFX
Karoline Hardy 
1-2 years
Is GinFi under regulation?
Broker Issues
Leverage
Account
Platform
Instruments
08-04
United States
WikiFX
Reply
GinFi is registered with the FSCA (Financial Sector Conduct Authority) in South Africa under license number 50354. However, the status of this license is "Exceeded," which indicates that it may have exceeded the scope of its regulatory permissions. Personally, I find this a bit troubling, as it raises concerns about the safety and legality of trading with them. If you're looking for a regulated broker, this status would certainly make me hesitant to proceed without careful consideration.
Similar Questions
What instruments can I trade with Global Prime?
Abu00saeed
06-16
What account types does Monzaee Capital offer?
Sanford
07-15
What account types does AAAFx International provide?
tabawan_dreamer
06-07
How much leverage does Gleneagle provide for major forex pairs, and how does this leverage differ when trading other asset classes?
LoukiaCharilaou
09-02
What is the maximum leverage at IsandisoFX?
PitBull
07-13