Global Broker Regulation Inquiry App
WikiFX
WoodCrusher 
1-2 years
Is Compass regulated by a reputable authority?
Broker Issues
Regulation
06-06
United States
WikiFX
Reply
Compass is registered in the United States and claims to hold an NFA license, but this license is unverified. The NFA (National Futures Association) is a respected regulatory body for the futures and commodities markets in the U.S., but an unverified status means that the platform has not been formally confirmed to meet the full regulatory requirements. This raises serious concerns about the platform’s legitimacy and its ability to safeguard investor funds. As an investor, it's crucial to trade with brokers who are fully regulated to ensure your funds are protected under the relevant laws. Without verification, I would hesitate to trust Compass with my investments.
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