Serious74 
1-2 years
Does MYFX Markets have any cons?
Broker Issues
Regulation
07-26
United States
WikiFX
Reply
The biggest drawback for me is its offshore regulation under FSA, which offers less investor protection. Also, there are regional restrictions like Japan. In my myfx markets review, I make it clear that this regulatory setup is the main risk.
Similar Questions
What are the disadvantages of trading with Axel Capitals?
Tom Nalichowski 
07-07
Is DH overseen by any regulatory bodies, and if so, which financial authorities are responsible?
DoreenVanDenHeever 
07-23
Is Agility Forex overseen by any regulatory bodies, and if so, which financial authorities are responsible for their regulation?
Ahmed Harb 
08-19
What are the pros of INGOT BROKERS?
Arnold Joseph 
06-21
Can you outline the particular advantages Yuanta offers in terms of its available trading instruments and fee system?
Aman A 
07-09