Global Broker Regulation Inquiry App
WikiFX
Sanford 
1-2 years
How does the unregulated status of FX Live Capital impact its credibility?
Broker Issues
Regulation
06-21
United States
WikiFX
Reply
The unregulated status of FX Live Capital is a red flag when considering whether the broker is trustworthy. Without regulation, there is no financial authority overseeing the company's activities, which means there is no guarantee of fund protection, and any potential misconduct may go unaddressed. In my opinion, the lack of regulation makes me hesitate to use the platform for large investments. While FX Live Capital offers competitive fees and a range of trading instruments, the absence of regulatory oversight raises serious questions about the security of my funds.
Similar Questions
What do I think are the pros of XTrend?
ritzyshona
05-09
How can I assess the legitimacy of AYA Markets?
Mohammed Mazhar
08-06
What would you identify as the primary advantages and disadvantages of trading through Fortex?
Thobani Dlalda
08-20
What are the pros and cons of Easy Trading Online?
Serious74
08-09
What are the advantages of trading with RIFA?
joalund
08-08