Wahab
1-2 years
Is GrowPlusFX a safe and legit broker?
Broker Issues
Regulation
2025-07-20
United States
WikiFX
Reply
GrowPlusFX lacks recognized international regulatory oversight, which means client protection measures such as segregated funds and compensation schemes are not guaranteed. While the platform claims to use 128-bit encryption for security, the absence of tier-one regulation introduces a higher level of risk for traders.
Similar Questions
What are the pros of Fizmo FX Markets?
Mansuber007
2025-02-05
What do I think about the pros and cons of NOZAX?
Yousef47
2025-07-18
What are the pros of trading with WESTERN?
schlaepfi
2025-08-19
Is MARUSAN a legitimate broker for investors?
WoodCrusher
2025-08-06
Is ePlanet Brokers LTD regulated?
marcustan
2025-08-11