Global Broker Regulation Inquiry App
WikiFX
QM Trader 
1-2 years
Is Breakaway safe and legit?
Broker Issues
Regulation
07-13
United States
WikiFX
Reply
Breakaway is regulated by ASIC, which ensures it follows certain financial regulations. However, the broker's high leverage (up to 1:1000) may present additional risks, and it’s important for traders to consider these before investing.
Similar Questions
What are the pros of Straits Financial?
Imranali Khatri
07-14
Is ITI Capital a safe and legit broker?
Solotim
07-11
Is VIBHS regulated?
TJensen
07-25
How safe is MARUSAN to trade with?
Bhavani Durga K
07-22
Can I still trust E.SUN Securities after its regulatory license was revoked?
DoreenVanDenHeever
06-27