Global Broker Regulation Inquiry App
WikiFX
Karoline Hardy 
1-2 years
Is GinFi under regulation?
Broker Issues
Instruments
Account
Leverage
Platform
08-04
United States
WikiFX
Reply
GinFi is registered with the FSCA (Financial Sector Conduct Authority) in South Africa under license number 50354. However, the status of this license is "Exceeded," which indicates that it may have exceeded the scope of its regulatory permissions. Personally, I find this a bit troubling, as it raises concerns about the safety and legality of trading with them. If you're looking for a regulated broker, this status would certainly make me hesitant to proceed without careful consideration.
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