Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao 
1-2 years
Does Conotoxia have any cons?
Broker Issues
Regulation
05-28
United States
WikiFX
Reply
Cons include license suspension by CySEC for governance violations, high spreads and commission margins (~40 USD per million traded, or spreads up to ~5–10 pips), limited transparency on fees, and extremely poor user feedback about withdrawal processing and customer service responsiveness
Similar Questions
Is AMTD licensed and supervised by any financial regulators, and if so, which ones oversee it?
joalund
07-08
Does OrsFX have any cons?
Xxpro
08-17
What are the advantages of Connexar Capital’s unregulated status?
Aman A
06-27
Do I think Tradiso is safe to trade with?
seejay
05-22
Is TD365 regulated?
J Forex Trader
08-04