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

In what ways does MEKSA’s regulatory status help safeguard my funds?

Broker Issues
MEKSA
Regulation
01-30
United States
WikiFX
Reply

As an experienced trader, regulatory oversight is a fundamental aspect I prioritize when evaluating any broker, and MEKSA’s situation is a red flag for me. According to my research and direct observations, MEKSA currently operates without any valid regulatory license. This absence of oversight means that, for me, there are no governing bodies independently monitoring their business practices, client fund segregation, or overall risk management protocols. Why does this matter? In my experience, regulation isn’t just a bureaucratic checkbox—it’s a mechanism designed to establish transparency, protect client funds, and provide clear avenues for dispute resolution. If a broker lacks valid regulation, as MEKSA does, it leaves traders like myself exposed. There’s greater uncertainty regarding how—if at all—client assets are held separately from operational funds, and no external authority would step in if issues arise. While MEKSA may advertise a range of services and even has a long-standing presence in Turkey, I cannot overlook the practical implications for risk. Simply put, without regulatory backing, my funds would not benefit from the usual safeguards such as compensation schemes or mandatory audits. In practice, this makes it much harder for me to trust that my capital would be secure in unforeseen scenarios. For these reasons, I remain extremely cautious and would not consider depositing my money with a broker in such a regulatory situation.

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