Global Broker Regulation Inquiry App
WikiFX
Davis Wu 
1-2 years
Is Coinlocally legit?
Broker Issues
Regulation
07-29
United States
WikiFX
Reply
While Coinlocally offers a variety of trading instruments like coinlocally exchange pairs, forex, and commodities, it is unregulated. This makes it hard for me to consider Coinlocally completely legit. Without regulation, there’s no guarantee that they adhere to industry standards or provide adequate protection for my funds. I’d be hesitant to trade large amounts here.
Similar Questions
Can I trust GGCC with my funds?
seejay
05-29
What are the pros of Fizmo FX Markets?
Mansuber007
02-05
Is Brisk Markets regulated?
Prash_007
06-20
Is MAXIMARKETS regulated?
webgalaxy
06-27
Can you outline the particular advantages of IFA when it comes to its selection of trading instruments and its fee structure?
Vladimir
07-26