Global Broker Regulation Inquiry App
WikiFX
Five8 
1-2 years
Is it safe for me to trade with Promax Trading?
Broker Issues
Regulation
07-15
United States
WikiFX
Reply
I personally wouldn’t feel fully comfortable trading with Promax Trading due to its lack of regulation. Even though it offers competitive trading conditions, the absence of oversight from any financial authority leaves me uncertain about the safety of my funds and the broker's operational integrity.
