Global Broker Regulation Inquiry App
WikiFX
Shoofar 
1-2 years
Is CedarFX legit?
Broker Issues
Regulation
08-02
United States
WikiFX
Reply
CedarFX claims to be registered in Mauritius, but since the country lacks a recognized financial authority to oversee FX or CFD brokers, I personally wouldn’t consider it fully legit. In my CedarFX review, I’d point out that its unregulated status might not provide the same level of security as regulated brokers. For me, I always prefer trading with platforms that are regulated by reputable authorities.
Similar Questions
Is Shikoku overseen by any regulatory agencies, and if so, which ones?
J Forex Trader
08-11
Is GVD Markets regulated?
Vladimir
08-03
Is TA Futures legit and safe to trade with?
MarceloD
07-26
Does AssetsFX have any cons due to its unregulated status?
Solotim
07-15
Is Thaurus a legit broker?
Karoline Hardy
03-15