Global Broker Regulation Inquiry App
WikiFX
Eziol 
1-2 years
Is MERJ regulated?
Broker Issues
Regulation
07-19
United States
WikiFX
Reply
MERJ is currently unregulated, which means there are risks involved with trading on this platform. As a trader, this is a concern for me because regulated brokers offer a level of investor protection that MERJ doesn't provide. Personally, I would be cautious when trading on a platform that lacks oversight from financial authorities.
Similar Questions
Can you outline the main advantages of Firstrade in terms of its available trading instruments and its fee schedule?
Allan777
07-18
What are the pros and cons of TotalFX?
Razzie87
07-25
What are the pros of Alpha Tradex?
Pushpender Sharma
05-04
Based on your own experiences, what would you say are the three main benefits of choosing Billion Bucks Fx?
Shoofar
08-18
What are the pros of AIMSCAP?
aariapoor
07-07