Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Davis Wu
Within 1 year

In what ways does Krungthai’s regulatory status help safeguard my money?

Broker Issues
Krungthai
Regulation
05-23
United States
WikiFX
Reply

As an experienced trader, I am always vigilant about the regulatory status of any broker I consider. In Krungthai's case, I have serious concerns: the firm operates without regulatory oversight, which means no recognized regulator is monitoring its activities or enforcing compliance with industry standards. For me, regulatory supervision is not just a formal requirement—it acts as a fundamental safeguard, promoting transparency, protecting client funds, and providing a structured pathway for resolving disputes should things go wrong. With Krungthai, the absence of valid regulatory information directly undermines my confidence in their ability to safeguard my capital. There are no assurances that client funds are kept separate from company funds, nor are there mandatory procedures for audits or capital requirements that would act as safety nets. If a dispute or financial irregularity occurs, I cannot rely on a regulator to advocate for my interests. It’s important to recognize that without any external checks, the risks—such as mismanagement, fraud, or inadequate handling of client money—are substantially higher. For me, the lack of regulation means I would not entrust substantial funds to this broker. In my approach, choosing regulated firms is a basic risk management principle, and in Krungthai’s current regulatory state, I see little recourse if something goes wrong.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com