Global Broker Regulation Inquiry App
WikiFX
Xxpro 
1-2 years
Is Fibovest safe and legit?
Broker Issues
Regulation
07-13
United States
WikiFX
Reply
Since Fibovest is not regulated by any official financial body, there are inherent risks associated with trading on the platform. While it promotes ethical behavior and claims data encryption and fund segregation, the lack of regulatory oversight means users should proceed with caution.
Similar Questions
Can I trust Marex Spectron as a reliable and secure broker for trading?
Jezreel2
02-04
What are the pros of Carbon Capital?
TradeTimeAllWasted
06-02
What are the pros of IronX?
Darren Ross
06-04
What are the primary advantages and disadvantages of trading through CITIC SECURITIES?
Five8
08-13
Is Dollars Markets regulated?
J Forex Trader
07-05