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INDIRA lacks a valid regulatory license, which makes it less trustworthy in the eyes of many traders. A regulated broker is required to meet certain standards, including keeping client funds in segregated accounts, providing transparency in pricing, and following a code of conduct that ensures fair trading practices. Without this protection, it is difficult to determine whether INDIRA is operating ethically or transparently. While it does provide a range of financial products, the lack of regulation is a significant drawback. If you are unsure about the legitimacy of INDIRA, I suggest reading my full INDIRA review, where I discuss the broker's strengths and weaknesses in more detail.