Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
Is Finq a regulated broker?
Broker Issues
Regulation
07-30
United States
WikiFX
Reply
Finq is regulated by the Seychelles Financial Services Authority (FSA) under registration number SD007. This regulation ensures that Finq meets the legal requirements to offer financial services, providing some level of investor protection. However, it's important to note that the FSA is less stringent compared to regulators in jurisdictions like the UK or Australia. As a trader exploring the Finq review, I appreciate the legal framework it provides, but I still exercise caution, especially with leverage. Finq offers a legal basis for its operations, but the protection offered may be more limited compared to stricter regulations.
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