Global Broker Regulation Inquiry App
WikiFX
J Forex Trader 
1-2 years
Does Vantage Prime have any cons?
Broker Issues
Regulation
01-02
United States
WikiFX
Reply
The biggest con, in my opinion, is the Unverified regulatory status. This creates uncertainty around the platform’s legitimacy, especially since it claims to be regulated by ASIC but cannot fully verify it. Additionally, there are regional restrictions, meaning traders from countries like the USA and China are not allowed to use the platform.
Similar Questions
Can you tell me if H.H. Misbah Securities is regulated, and which financial authorities oversee its operations?
RichN
08-31
Is ETO MARKETS safe and trustworthy?
qirhost
07-09
Does MercadosInvest have any cons?
kennis2244
08-01
Is PT. ORBI TRADE BERJANGKA safe and legit?
Nali5689
07-10
Have you experienced any drawbacks with ZHONGYANG’s customer service or issues with the reliability of their platform?
Дмитрий
08-21