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.
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