Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
Is SSY a safe and legit broker to trade with?
Broker Issues
Regulation
08-22
United States
WikiFX
Reply
In my experience, SSY is not a safe and legit broker due to its unverified NFA license. While the broker offers a variety of services like dry cargo, LNG, and tankers, the lack of proper regulation means that there's no guarantee for investor protection. Trading with unverified brokers exposes you to significant risks. When I consider my safety as a trader, I always prefer brokers that are fully verified and regulated. SSY’s lack of transparency and regulation makes me cautious about using their services.
Similar Questions
What are the risks associated with investing in unregulated mining capital?
Ahmed Harb
06-26
What are the cons of Masumo Securities?
QM Trader
02-21
Is ANZ a regulated broker?
WoodCrusher
06-14
Is Valutrades safe and legit?
maseko
01-11
How does Okasan Niigata compare to international brokers?
LoukiaCharilaou
08-27