Global Broker Regulation Inquiry App
WikiFX
seejay 
1-2 years
Does KGI Securities have any cons?
Broker Issues
Regulation
06-04
United States
WikiFX
Reply
Yes, and they matter. The biggest downside is that it’s unregulated. Plus, it doesn't support Islamic accounts or cryptocurrency trading, and product variety is somewhat limited for retail investors.
Similar Questions
What are the main risks or drawbacks I should consider before choosing Morgan Stanley?
Arnold Joseph
08-21
What are the advantages of trading with MidasFX?
Sam35
07-21
Is OTC regulated?
Sanjay sirohi
08-15
Can you outline the particular advantages Fidelity offers in terms of its trading instruments and the way its fees are structured?
sinopi
09-02
What are the advantages of trading with NatureForex?
kennis2244
07-14