Global Broker Regulation Inquiry App
WikiFX
MarceloD 
1-2 years
Is Fyntura safe and legit?
Broker Issues
Regulation
08-12
United States
WikiFX
Reply
Honestly, when I ask myself “is fyntura legit?”, my answer leans toward “no” from a compliance standpoint because of the absence of regulation. Safety for me is all about fund protection and dispute resolution options, and without a regulator, those are thin. That being said, I’ve seen traders operate on Fyntura without issues, but I wouldn’t treat that as a guarantee. For my own trades, I keep position sizes smaller with such brokers.
Similar Questions
Is United Securities Co. overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
Moshiheya
08-04
Is MY MAA MARKETS legit for me to trade with?
Razzie87
06-25
What are the cons of using Uphold?
Tom Nalichowski
07-04
How does CySEC regulation benefit me as a trader?
Chris hagerman
06-21
What are the pros of Propex24?
J Forex Trader
08-01