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Would you consider I-Access to be a trustworthy and reliable broker for trading?

Broker Issues
I-Access
Regulation
05-13
United States
WikiFX
Reply

Drawing on my experience in the trading industry, I approach each broker with careful scrutiny, especially where questions of regulation and transparency arise. With I-Access, there are significant red flags that immediately stand out for me. The most pressing concern is the complete lack of valid regulatory oversight. Although the company has operated for several years and offers a broad range of instruments—primarily in securities, futures, and options—its Hong Kong regulatory license has been revoked, and its current activities are explicitly flagged as “suspicious” in scope and compliance. For me, the integrity of a broker’s licensing is not just a formality; it’s fundamental to safeguarding my capital and ensuring fair dealings. In the case of I-Access, the warnings about high potential risk and their zero regulatory score are signals I cannot ignore. Even practical aspects—such as unclear withdrawal processes and ambiguous fee structures—further undermine my confidence. As a conservative trader, I am acutely aware that unregulated brokers offer no meaningful recourse if issues arise, no matter how long they’ve been around or how polished their platform may appear. Ultimately, I would not consider I-Access trustworthy or reliable for trading. In my own practice, the presence of valid, up-to-date regulation is non-negotiable, and I advise the same caution to others. The risks here, in my view, far outweigh any potential convenience or product range.

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