Interbank Trader 
1-2 years
Is Igfxmarket considered a regulated broker?
Broker Issues
Regulation
08-12
United States
WikiFX
Reply
Igfxmarket operates without regulation, which is a critical concern for traders. Founded in 2018 and registered in the United States, it does not have any valid regulatory licenses. Regulation ensures that a broker adheres to strict legal and ethical standards that protect traders' funds and provide accountability. The absence of regulation leaves traders vulnerable to potential risks, as there are no safeguards in place to ensure the broker operates fairly and transparently. For me, this makes Igfxmarket an unreliable choice.
Similar Questions
What are the pros and cons of Connext Forex’s regulation?
Karoline Hardy 
06-15
What are the disadvantages of SINOLINK FUTURES?
Abu00saeed 
08-16
How is Dragon Capital regulated?
Razzie87 
06-10
Is Questh X overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
Rpy Sundram 
07-23
Is Atlas Commodities a regulated broker?
Five8 
02-11