Global Broker Regulation Inquiry App
WikiFX
Razzie87 
1-2 years
What are the pros of AfriMarkets being regulated?
Broker Issues
Regulation
08-08
United States
WikiFX
Reply
The potential advantage of AfriMarkets claiming FSCA regulation would be added security and protection for traders in South Africa. However, since their FSCA license is unverified, I’d take this claim with a grain of salt. Regulation typically helps to ensure that brokers comply with strict financial and operational standards, providing greater safety for my funds.
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