Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao 
1-2 years
Is SouqFX a regulated broker?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
No, SouqFX is unregulated, which is a significant concern for me as a trader. Regulation is important because it ensures that the broker is adhering to financial standards and provides a layer of protection for my funds. Without regulation, I feel that my money is at risk.
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