Mohammed Mazhar 
1-2 years
Is MarcoFX safe and legit to trade with?
Broker Issues
Regulation
08-05
United States
WikiFX
Reply
Since MarcoFX is unregulated, it’s considered less safe than brokers with regulatory oversight. From my perspective, the lack of regulation increases the risk, and I would personally be hesitant to use them for trading, especially with concerns about withdrawals and past negative reviews.