Global Broker Regulation Inquiry App
WikiFX
sinopi 
1-2 years
Does Bigmarkets have any cons?
Broker Issues
Regulation
07-03
United States
WikiFX
Reply
Bigmarkets is unregulated, which introduces significant risk and less transparency. It only offers the MT4 platform without alternatives, limiting trader options. The high maximum leverage of 1:500 can amplify losses as well as gains, requiring careful risk management. The accuracy and reliability of its educational resources and data might be uncertain due to the lack of regulatory oversight.
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