Global Broker Regulation Inquiry App
WikiFX
Aman A 
1-2 years
Does SSY provide investor protection?
Broker Issues
Regulation
07-01
United States
WikiFX
Reply
No, SSY does not provide investor protection. Since SSY holds an unverified NFA license, there is no assurance that your funds are safe or that the broker adheres to industry standards for financial security. In my opinion, this makes SSY a high-risk broker to trade with. If you're looking for reliable investor protection, I recommend working with brokers who are fully regulated and have clear safeguards in place for their clients. SSY investment opportunities may sound appealing, but the risks involved make it less attractive to me.
Similar Questions
Is Fortrade regulated?
Tom Rossito - Toronto
04-23
Is Tradu safe to trade with?
Yousef47
04-29
In what ways does HCFX’s regulatory status help safeguard my funds?
Chris hagerman
06-28
What are the key advantages and disadvantages of using FX Connect for trading?
ryad22
08-11
Would you consider GMCU to be a trustworthy and reliable broker for trading?
helpneeded
09-11