Global Broker Regulation Inquiry App
WikiFX
Sanjay sirohi 
1-2 years
Does IMPULSE WORLD have any cons?
Broker Issues
Regulation
07-28
United States
WikiFX
Reply
Yes, the biggest con of IMPULSE WORLD is its lack of regulation. This is crucial because, as a trader, I need the assurance that my funds are protected and that the broker follows transparent and ethical practices. Without regulatory oversight, there's no guarantee that IMPULSE WORLD is adhering to the required financial standards. Furthermore, IMPULSE WORLD offers limited transparency on trading conditions, such as spreads, commissions, and leverage. This lack of information makes it harder for me to assess whether their platform is suitable for my trading style and whether I can expect competitive pricing for ace forex trading.
Similar Questions
Have you experienced any drawbacks with MasterLink Securities in terms of their customer service or the reliability of their platform?
aariapoor
08-17
Is BIBBY a regulated broker?
Pushpender Sharma
07-28
Is Purple Trading a legit and regulated broker?
Tomas
07-12
What are the pros of trading with WESTERN?
schlaepfi
08-19
What key risks or drawbacks should I consider before choosing Shahjalal Islami Bank Securities Ltd?
Shoofar
08-20