Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
Is SSY a safe and legit broker to trade with?
Broker Issues
Regulation
08-22
United States
WikiFX
Reply
In my experience, SSY is not a safe and legit broker due to its unverified NFA license. While the broker offers a variety of services like dry cargo, LNG, and tankers, the lack of proper regulation means that there's no guarantee for investor protection. Trading with unverified brokers exposes you to significant risks. When I consider my safety as a trader, I always prefer brokers that are fully verified and regulated. SSY’s lack of transparency and regulation makes me cautious about using their services.
Similar Questions
Considering reviews and your assessment, how credible do you believe Point72 to be?
Razzie87
08-22
What are the pros and cons of DMM FX in terms of regulation?
Thanh Thao
07-20
What are the pros of Prestige?
gnsrael
06-28
What are the primary advantages and disadvantages of trading through Phillip Securities?
Darren Ross
08-06
5. What are the cons of UCO Bank?
Shoofar
04-08