WikiFX

Sagot

As an unregulated broker, 24Five is not safe for me to trade with, at least not without taking on significant risks. Since there's no regulatory body overseeing its operations, I cannot be sure that 24Five will manage my funds responsibly or that it will operate fairly. In my opinion, the lack of regulation is a big red flag, as it means there is no legal framework to protect me if something goes wrong. I always prioritize brokers that are regulated by trustworthy bodies because they ensure that my funds are held in segregated accounts and that the broker follows strict rules regarding transparency and fair trading practices. Without these protections, trading with 24Five seems too risky for me, especially considering the unregulated environment.