Tom Rossito - Toronto 
1-2 years
Is Guotai Junan Futures safe and legit to trade with?
Broker Issues
Regulation
07-14
United States
WikiFX
Reply
From my perspective, Guotai Junan Futures might not be the safest choice for traders, particularly those who prioritize regulatory protection. The lack of clear regulatory oversight means that there are fewer safeguards for investors. While the company is part of the larger Guotai Junan Securities group, which adds some credibility, the absence of regulatory compliance could make it more vulnerable to operational risks. For example, traders may find it harder to hold the company accountable in the event of disputes or financial losses. Therefore, it’s crucial for traders to carefully assess the risks before engaging with an unregulated entity like Guotai Junan Futures.
Similar Questions
Is WeTrade safe and legit?
Allan777 
07-12
Is GOC Prime safe to trade with?
Mohammed Mazhar 
06-16
What are the pros of using Sucden Financial?
Karoline Hardy 
05-23
Does Investago have any cons?
Bhavani Durga K 
07-28
Can you outline the particular benefits of KODDPA in terms of its available trading instruments and how its fees are structured?
Tomas 
08-22