Global Broker Regulation Inquiry App
WikiFX
Hhduy 
1-2 years
What is the pros and cons of WinproFX?
Broker Issues
Regulation
05-26
United States
WikiFX
Reply
WinproFX has leverage up to 1:500, and the popular trading platforms like MT5 is available for traders. The spread is as low as 0 pips, which is comparatively low. However, WinproFX is not regulated by any professional organizations, which means the security of funds cannot be regulated by any third-party organizations. Additionally, there is no specific withdrawal information mentioned. Potential risks are possibly involved when trading on WinproFX. Traders must be aware of the risks to avoid any financial losses.
Similar Questions
Is Aksys Global Markets regulated?
Serious74
07-08
Is Derayah overseen by any regulatory bodies, and if so, which financial authorities are responsible for regulating it?
tabawan_dreamer
08-25
Is RCB overseen by regulators, and if so, which financial authorities are responsible for its regulation?
tabawan_dreamer
07-17
What are the pros and cons of Meiji Yasuda as a broker?
Chris hagerman
08-23
From your review of available feedback and your own assessment, how legitimate do you consider Victory Securities to be?
marcustan
08-31