Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Karoline Hardy
Within 1 year

Considering available reviews and your own assessment, how credible do you believe Retela is?

Broker Issues
Retela
Regulation
03-06
United States
WikiFX
Reply

Drawing from my experience and careful review of all available details, I see Retela as a broker with some clear strengths and noteworthy concerns. Retela operates under the regulation of Japan’s Financial Services Agency (FSA), which is a highly reputable authority and signals a certain baseline of oversight and protection for client funds. This adds a degree of credibility and is generally a fundamental requirement for me when considering where to trade, as Japanese regulatory standards are well-regarded for their rigor. The broker’s legacy, spanning over 15 years, and its diverse financial offerings are also encouraging. Still, credibility is not just about regulatory status; it’s about actual client experience. Here, the evidence is mixed. There are positive reports from several users, especially regarding prompt withdrawals and transparent trading conditions. However, I do note with concern several complaints—specifically about issues with withdrawals and unresponsive customer support. One user detailed significant delays and a lack of communication in processing withdrawals, even suggesting being asked for additional deposits before processing, which is a red flag in my book. On the other hand, other clients claim no issues with withdrawals. Balancing these observations, I personally approach Retela with cautious optimism. The FSA license offers some reassurance, but I cannot overlook the persistent negative withdrawal experiences reported. For me, while the structure and regulation are solid, the mixed withdrawal history means I would advise thorough due diligence and a conservative approach—perhaps starting with smaller amounts and monitoring the withdrawal process closely. Ultimately, I would not ignore the risks and would always prioritize protection of my capital.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com