Global Broker Regulation Inquiry App
WikiFX
schlaepfi 
1-2 years
Is Centrade a safe and legit platform for me to trade with?
Broker Issues
Regulation
08-11
United States
WikiFX
Reply
Yes, Centrade is regulated by Japan's Financial Services Agency (FSA), which provides a level of security for traders. The firm holds a Retail Forex License, which means it meets the legal requirements set by the FSA for handling clients' funds. However, there is limited transparency regarding trading conditions and platforms, which might be a concern for traders who prefer more clarity before starting their trading journey. It’s advisable to reach out directly to Centrade for further details before making any commitments.
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