Global Broker Regulation Inquiry App
WikiFX
Pushpender Sharma 
1-2 years
What are the cons of GFI Securities?
Broker Issues
Regulation
07-04
United States
WikiFX
Reply
The most concerning drawback is the report of suspicious clone licenses from the FCA and NFA, which undermines its credibility in global markets. Additionally, the platform lacks a demo account and provides limited public information about account types, minimum deposit, and detailed trading conditions.
Similar Questions
Is OneRoyal a safe and legit broker?
MarceloD
07-31
Is OTC regulated?
Sanjay sirohi
08-15
Have you encountered any drawbacks related to Consorsbank’s customer service or the reliability of its platform?
Elio Matacena
07-06
What are the cons of Bridge Markets?
Nali5689
07-07
Given your research and available reviews, how legitimate do you consider Firstrade to be?
Allan777
06-19