Global Broker Regulation Inquiry App
WikiFX
Ashraf Shahhat 
1-2 years
Is MYFX Markets regulated?
Broker Issues
Regulation
07-03
United States
WikiFX
Reply
Yes, MYFX Markets is regulated by the Seychelles FSA under offshore regulation, license number SD202. When I did my myfx markets review, the first thing I did was check the FSA registry to confirm the license exists. That said, offshore regulation is not the same as top-tier authorities like ASIC or FCA—it generally has looser rules on fund segregation and investor protection, so I personally treat it as higher risk.
Similar Questions
Is Derayah overseen by any regulatory bodies, and if so, which financial authorities are responsible for regulating it?
tabawan_dreamer
08-25
What are the pros of using TradeXN?
WoodCrusher
08-08
What are the pros of PT. Langit Indonesia Berjangka?
Chris hagerman
04-23
How does the regulation of Concord Securities Group ensure my safety as a trader?
Darren Ross
06-25
Considering available reviews and your own assessment, how legitimate do you believe HUAAN SECURITIES to be?
tabawan_dreamer
07-22