Global Broker Regulation Inquiry App
WikiFX
Nagarjuna 
1-2 years
Can I trust VIPTRADE as a regulated broker?
Broker Issues
Regulation
07-06
United States
WikiFX
Reply
Personally, I wouldn’t place my trust in VIPTRADE because it is unregulated. Although it claims to have a license from the National Bank of Georgia, it lacks oversight from major financial regulators. This makes me uneasy about the safety of my funds.
Similar Questions
Can you outline the particular advantages of Travelex in terms of its available trading instruments and how its fees are structured?
seejay
08-03
What are the advantages of trading with 1000X?
Nali5689
06-23
Can you outline the primary benefits and drawbacks of trading with CDX?
Vahid
08-25
What are the pros of trading with Auro Markets?
Hhduy
02-07
Is MercadosInvest regulated?
Davis Wu
07-04