Global Broker Regulation Inquiry App
WikiFX
MarceloD 
1-2 years
Does Investment Spot have any cons?
Broker Issues
Regulation
07-22
United States
WikiFX
Reply
The main con is the lack of regulation, which makes me hesitant to trust the platform fully. Additionally, the absence of a demo account is another downside, as it prevents new traders from testing the platform risk-free. Moreover, the unclear fee structure and the absence of MT4 are other potential drawbacks.
Similar Questions
How legitimate do you believe Phillip Securities Group is, considering available reviews and your own assessment?
webgalaxy
09-03
Is Trive Invest regulated?
Sergey5
06-10
What are the pros and cons of GMI Edge?
Yousef47
07-18
Is CINDA Futures a regulated broker?
Phoebe Yao
07-07
Can you highlight the main advantages E-Global offers in terms of its available trading instruments and its fee system?
edgeisedge
09-06