Abu00saeed 
1-2 years
Does 99FX have any cons?
Broker Issues
Regulation
08-07
United States
WikiFX
Reply
The main downside, in my opinion, is the lack of regulation. I always weigh this heavily when choosing a broker, as regulated brokers provide a level of investor protection that unregulated ones can’t. Another downside for me is the absence of a demo account. I find demo accounts crucial for testing out strategies and getting familiar with a platform before risking real money. Additionally, their fee structure isn’t entirely transparent, and they have regional restrictions, which limits access to certain countries.
Similar Questions
Does Standard have any cons?
marcustan 
07-05
Is RUIDA FUTURES a regulated and safe broker to trade with?
Mansuber007 
08-26
Is CJS safe and legit for me to trade with?
Allan777 
08-19
What are the advantages of trading with TRADERS SECURITIES?
Vahid 
06-22
Does AMP Global have any cons?
Ashraf Shahhat 
08-07