Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
qirhost
Within 1 year

Based on your experience, what do you consider the three biggest benefits of choosing Consorsbank?

Broker Issues
Consorsbank
Regulation
05-02
United States
WikiFX
Reply

Drawing from my own experience as an independent forex trader, I approach Consorsbank with an analytical and conservative mindset, especially given its lack of regulatory oversight—a factor I cannot understate in terms of risk. However, I do see a few potential benefits that have stood out to me. First, Consorsbank’s longevity in the market should not be dismissed lightly. With over five years of operational history and roots dating back to 1994, I've noticed that this kind of track record can indicate a degree of stability, which is critical for any trader who intends to use a broker for the long term. Secondly, the range of investment products available is substantial. As someone who values the flexibility to diversify my portfolio, I find their offering—from ETFs, shares, bonds, and gold, to more complex instruments like derivatives, options, futures, and CFDs—quite comprehensive. This open access allows for strategic asset allocation, which is a backbone principle in managing risk and seeking consistent growth. Thirdly, I appreciate that Consorsbank offers a proprietary app accessible on both iOS and Android. In my day-to-day trading, having a unified and tailored mobile platform is a practical advantage, especially when I need to monitor and manage my investments on the move. Still, I must reiterate: any benefits here are tempered by high risk, given the absence of effective regulation. I would only consider Consorsbank if I were extremely diligent about my own due diligence and risk controls.

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