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Tomas
1-2 years

What does the "Exceeded" license status mean for Dragon Capital?

Broker Issues
Dragon Capital
Regulation
07-05
United States
WikiFX
Reply

The "Exceeded" license status means that Dragon Capital’s regulatory status is no longer active under the Cyprus Securities and Exchange Commission (CySEC). This raises concerns about their legitimacy as a fully regulated entity. As a trader, knowing that the broker is not currently under active supervision leaves me with doubts about the safety of my investments and the broker’s overall compliance with local and international regulations. For Dragon Capital Investments, it’s essential to verify that any regulatory issues are resolved before committing significant capital.

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