Global Broker Regulation Inquiry App
WikiFX
Tricia54 
1-2 years
Is XR Trading a safe and legit broker?
Broker Issues
Regulation
05-06
United States
WikiFX
Reply
Although XR Trading claims to provide liquidity and facilitate efficient markets, it is not regulated. In my experience, working with unregulated brokers can be risky because there’s no oversight protecting my investments. While XR Trading may be legitimate, I would be cautious, especially given the lack of regulatory protection.
Similar Questions
What are the pros and cons of CFI Group?
Tom Nalichowski
06-29
Can you detail the particular advantages QNB Invest offers in terms of its available trading instruments and its fee structure?
Prash_007
09-10
How is MTrading regulated?
Franko Knavs
07-10
Is Mazi Finance a safe and legit broker?
WoodCrusher
04-14
What are the cons of using PhillipCapital?
Nali5689
07-06