Global Broker Regulation Inquiry App
WikiFX
webgalaxy 
1-2 years
Is CGWS licensed or supervised by any authority?
Broker Issues
Regulation
07-24
United States
WikiFX
Reply
CGWS is not licensed or supervised by any regulatory authority, which is a concern for me as a trader. Without regulatory oversight, there is no external body ensuring the safety of my funds or the integrity of their operations. As a result, there are significant risks when trading with CGWS, especially since I cannot rely on the protections that regulated brokers provide. I always look for brokers that are monitored by reputable regulators to ensure a safe trading environment.
Similar Questions
Is Sucden Financial a safe and legit broker?
helpneeded
05-26
What are the pros of EZInvest?
x1250
07-23
What major risks or drawbacks should I keep in mind if I decide to use R K Global?
Abu00saeed
08-15
Is SQUAREDFINANCIAL regulated?
Sanford
05-06
Can you outline the particular advantages Bendix FX offers when it comes to its range of trading instruments and the way its fees are structured?
helpneeded
03-04