Global Broker Regulation Inquiry App
WikiFX
Allan777 
1-2 years
Is WeTrade safe and legit?
Broker Issues
Regulation
07-12
United States
WikiFX
Reply
From my perspective, WeTrade’s unregulated status makes it less safe and legit in my eyes. While they offer segregated accounts, the absence of a regulatory body means there is less accountability. I would personally think twice before using this platform due to the risks involved.
Similar Questions
Is NOVOX a legit broker?
tabawan_dreamer
07-08
What are the primary advantages and disadvantages of trading through Bendix FX?
Shoofar
08-17
Can I trust M&H as a reliable and secure broker for my trading activities?
Ashraf Shahhat
08-15
What are the drawbacks of trading with Valour FX?
Shoofar
07-29
Do I think ITBfx has any significant drawbacks?
Tricia54
07-26