Global Broker Regulation Inquiry App
WikiFX
Ahmed Harb 
1-2 years
Are there any cons to using ForexBY?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
Yes, ForexBY has several limitations including a high minimum deposit of $500, inactivity fees, trading commissions on certain accounts, and it does not offer a demo account. Additionally, it restricts access for residents in multiple countries.
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