WikiFX

Sagot

In my experience as a trader, one of the first things I examine before even considering a broker is its regulatory standing. After researching Fortune Wealth, it’s clear to me that this broker is not overseen by any established financial regulatory authority. The lack of regulation means there isn’t an independent organization supervising their business practices, which is a significant factor for me when it comes to safeguarding funds and ensuring fair trading conditions. From my years in the industry, I understand that regulation provides transparency, recourse options in case of disputes, and a layer of protection for traders’ interests. Without a valid regulatory body in place, there are inherent risks—such as uncertain fund security and limited recourse should any issues arise. Although Fortune Wealth has been in operation for several years and offers multiple lines of customer support, I personally am highly cautious about engaging with any broker that does not have an active, verifiable license from a recognized regulator. For me, this absence fundamentally impacts my trust and willingness to commit capital, regardless of other features or the length of their operation.