WikiFX

Sagot

In my experience as a forex trader, evaluating a broker like Linear requires careful assessment of multiple factors. Linear operates under regulation in the United Kingdom, having an STP (Straight Through Processing) license from the FCA, which for me is a positive sign in terms of regulatory oversight. In theory, being FCA-regulated means client funds should be protected under certain standards, and the company having operated 10-15 years suggests some longevity. However, there are significant concerns that cannot be ignored. The most prominent issue for me is the "High potential risk" flagged by industry sources, coupled with the fact that their UK business address was found to have no actual office presence during a field visit. This discrepancy raises red flags about transparency and reliability. The broker also has a notably low risk management index, and the fact that the FCA published a Decision Notice regarding Linear in 2018 deserves caution—regulatory actions typically indicate past problems with compliance. Another practical point is the company's business scope is labeled "suspicious," which for me directly impacts trust. While its operational scores for business activity are relatively high, risk management appears severely lacking. I have also noticed that while the broker offers a VPS service and claims no restrictions on the trading account, these operational features do not compensate for deeper concerns regarding trust and safety. For these reasons, while Linear may appeal to some for its FCA status and history, my own preference would be to treat this broker cautiously and consider established alternatives with a stronger, clearer track record for client protection.