Global Broker Regulation Inquiry App
WikiFX
DoreenVanDenHeever 
1-2 years
What are the pros and cons of GBE's regulation?
Broker Issues
Regulation
07-31
United States
WikiFX
Reply
From my perspective, the big pro is the CySEC regulation, which provides a certain level of investor protection. However, the downside is the unverified ASIC license and the Seychelles FSA regulation, which isn't as robust. As a trader, I’d take those factors into consideration when deciding how comfortable I feel about using GBE.
Similar Questions
What particular advantages does Hydro offer in terms of its selection of trading instruments and its fee structure?
Ahmed Harb
08-19
Is B2Prime a safe and legit broker?
Wahab
03-16
Is Indosukses Futures safe and legit for me to trade with?
Sanford
06-12
Have you experienced any drawbacks with UP TREND's customer support or noticed issues with the stability of their platform?
LoukiaCharilaou
08-30
What are the cons of using Uphold?
Tom Nalichowski
07-04