Global Broker Regulation Inquiry App
WikiFX
helpneeded 
1-2 years
What are the cons of PIPWISE?
Broker Issues
Regulation
08-02
United States
WikiFX
Reply
One major downside for me is that PIPWISE is offshore regulated, meaning it may not provide the same level of investor protection as brokers regulated in more established jurisdictions. Additionally, the spread on the Standard account starts from 10 points, which I find a bit high. If you're into low-cost trading, you might prefer ECN accounts, but they do charge a commission.
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