Global Broker Regulation Inquiry App
WikiFX
gnsrael 
1-2 years
Is The Trading Pit safe and legit?
Broker Issues
Regulation
08-09
United States
WikiFX
Reply
After looking into The Trading Pit broker, it’s clear that the platform is unregulated, which is a significant risk. As mentioned in some The Trading Pit reviews, the lack of regulation means there’s no guarantee of fund safety, which is a major concern for me, especially when dealing with a broker offering such a wide range of asset classes.
Similar Questions
Considering feedback and your evaluation, how trustworthy do you believe SBI SECURITIES to be?
Yousef47
08-20
Is Mazi Finance regulated?
Solotim
07-15
Is Societe Generale overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
QM Trader
07-26
What are the key advantages of choosing Invesco for my investments?
Arnold Joseph
08-21
Based on your own experience, what do you consider to be the three main benefits of trading with Trade Capital Markets?
Arnold Joseph
07-17