Global Broker Regulation Inquiry App
WikiFX
Eziol 
1-2 years
Is Praxis a regulated broker?
Broker Issues
Regulation
02-26
United States
WikiFX
Reply
No, Praxis is unregulated. It is registered in the Cayman Islands, but it doesn't have any oversight from a financial regulatory body. As a trader, this is a red flag for me because without regulation, there's no guarantee that the platform is adhering to fair trading practices, which increases the risks significantly.
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