Global Broker Regulation Inquiry App
WikiFX
qirhost 
1-2 years
Is xbPRIME a regulated broker?
Broker Issues
Regulation
06-07
United States
WikiFX
Reply
Yes, xbPRIME is regulated by the Seychelles Financial Services Authority (FSA) under license number SD006. However, it is important to note that the regulation is offshore, which means it carries some risks. For me, offshore regulation adds a layer of uncertainty, as these authorities often have fewer requirements than more established regulatory bodies. So, while xbPRIME is legitimate, I would be cautious and assess whether you're comfortable with the associated risks of offshore regulation.
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