Global Broker Regulation Inquiry App
WikiFX
Vahid 
1-2 years
Is CLEANO a safe and legit broker?
Broker Issues
Regulation
07-28
United States
WikiFX
Reply
CLEANO is a legitimate broker, regulated by FinCEN, which ensures that it adheres to key regulatory measures, including AML and CTF compliance. CLEANO implements several security features to protect user funds, such as segregated accounts, SSL encryption, two-factor authentication (2FA), and regular audits. Additionally, the platform offers negative balance protection, which ensures that traders cannot lose more than their deposited funds. However, due to its limited regulatory oversight, it may not provide the same level of investor protection as brokers regulated by more stringent bodies like CySEC or ASIC.
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