Global Broker Regulation Inquiry App
WikiFX
Shoofar 
1-2 years
Is FxCitizen regulated?
Broker Issues
Regulation
07-27
United States
WikiFX
Reply
From my own research, FxCitizen is not licensed or supervised by any financial authority. Even though it’s registered in Hong Kong, the Securities and Futures Commission (SFC) has no record of this company. When I did my fxcitizen review, this made me extra cautious because without regulation, my fund security relies entirely on the platform’s reputation, which is a serious risk.
Similar Questions
How does Allianz maintain a high level of safety and legitimacy in its operations?
Shoofar
08-20
What are the pros and cons of XPO Markets' regulation?
x1250
05-16
Is Trading 212 safe and legit?
Tricia54
07-25
What do I think are the advantages of trading with GIC?
x1250
08-09
What are the pros and cons of IsandisoFX?
schlaepfi
06-11