WikiFX

Sagot

FINANSERO is a regulated broker by CySEC, meaning that it follows the financial regulations required to operate in the EU. While this regulation offers some level of security, FINANSERO is not as well-known as other brokers regulated by more significant financial bodies like the FCA or ASIC. In my view, FINANSERO is relatively safe to trade with, provided you understand that the broker’s protection level is more limited compared to major regulated brokers. The high leverage (up to 1:200) is something I personally feel cautious about, as it increases both the potential for gains and the risk of losses. Furthermore, the proprietary platform XCITE offers a solid trading experience, but it may lack some advanced features that traders are accustomed to with MT4 or MT5.