Global Broker Regulation Inquiry App
WikiFX
Karoline Hardy 
1-2 years
Is Vantage Prime a legitimate broker?
Broker Issues
Regulation
07-15
United States
WikiFX
Reply
Vantage Prime’s ASIC license is listed, but the Unverified status makes me hesitant to consider it a fully legitimate broker. Even though ASIC is a well-known regulator, the unverified status means that there is uncertainty about whether the broker is operating under full regulatory oversight. As a trader, this would make me extra cautious, and I’d recommend thorough due diligence.
Similar Questions
What are the disadvantages of trading with an unregulated broker like QCG?
Sam35
08-23
What are the pros of UAG Markets?
Tom Nalichowski
07-09
Based on your own experience, what do you consider the three biggest benefits of using NFS?
Nagarjuna
08-10
Is Fiper legit?
seejay
08-21
What are the cons of DTT VAN LTD?
WoodCrusher
04-11