Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
Is SSY a safe and legit broker to trade with?
Broker Issues
Regulation
08-22
United States
WikiFX
Reply
In my experience, SSY is not a safe and legit broker due to its unverified NFA license. While the broker offers a variety of services like dry cargo, LNG, and tankers, the lack of proper regulation means that there's no guarantee for investor protection. Trading with unverified brokers exposes you to significant risks. When I consider my safety as a trader, I always prefer brokers that are fully verified and regulated. SSY’s lack of transparency and regulation makes me cautious about using their services.
Similar Questions
Can you outline the main advantages MUFG offers in terms of its available trading instruments and its fee structure?
Razzie87
08-23
What are the pros and cons of FXOpulence?
Bhavani Durga K
07-04
Is OXShare considered a legit broker?
Rojas
05-07
Is 9Cents a regulated broker?
Arnold Joseph
07-27
Is MY MAA MARKETS legit for me to trade with?
Razzie87
06-25