Global Broker Regulation Inquiry App
WikiFX
Hhduy 
1-2 years
Is PRCBroker regulated?
Broker Issues
Regulation
07-14
United States
WikiFX
Reply
Yes, PRCBroker is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 253/14. This gives me a sense of security because it operates under strict financial regulations. However, it also holds an offshore retail forex license from the Vanuatu Financial Services Commission (VFSC), with license number 14788, which makes me more cautious due to the reduced investor protection from offshore regulation.
Similar Questions
What do I think are the pros of Moneta Markets?
tabawan_dreamer
03-02
Do I see any cons when using CFE?
Vladimir
06-06
Have you experienced any drawbacks with Senshu Ikeda's customer support or issues with the stability of their platform?
J Forex Trader
08-28
Is Astron safe and legit?
Vahid
05-23
Have you encountered any drawbacks related to Consorsbank’s customer service or the reliability of its platform?
Elio Matacena
07-06