Global Broker Regulation Inquiry App
WikiFX
Vladimir 
1-2 years
Does DRC have any cons?
Broker Issues
Regulation
08-05
United States
WikiFX
Reply
Yes, definitely. The biggest drawback is the absence of regulation, which affects the platform's overall security. Also, it doesn’t offer MT4 or MT5, limiting compatibility with industry-standard platforms.
Similar Questions
Is Value Partners Group regulated by a financial authority?
Prash_007
08-14
Would you consider CommSec to be a reliable and trustworthy broker for trading?
Aman A
07-13
How trustworthy is KAB, considering it's unregulated?
joalund
08-04
What are the pros and cons of Solid?
Wahab
02-24
Is Invesco considered a legitimate and trustworthy company?
Prash_007
08-10