WikiFX

Rispondi

Yes, Straits Financial is generally considered a safe and legitimate broker, especially due to its regulation by the Monetary Authority of Singapore (MAS). MAS is one of the leading financial regulators globally, ensuring that brokers operating under its jurisdiction comply with stringent financial laws designed to protect traders. However, it’s important to note that Straits Financial's license in Hong Kong has been revoked, which raises concerns for some traders who may prefer a broker with a global, consistently regulated presence. The revocation of the license in Hong Kong could be an indication of some operational issues or potential risks within the company. This makes it crucial for traders, especially those in Hong Kong or Asia, to exercise extra caution when deciding whether to trade with Straits Financial. While the broker is regulated in Singapore, I would suggest that traders conduct thorough due diligence and closely follow any developments regarding Straits Financial's regulatory status. Despite this potential concern, for traders focused on Singapore and MAS regulation, Straits Financial offers a relatively safe environment for trading.