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Abstract:Forex brokers whose licenses have changed recently are listed as following for your reference.
Forex brokers whose licenses have changed recently are listed as following for your reference. Please protect yourself from investment risks! They are presented in detail as follows:
Haishengefx: The rating on WikiFX is 1.30. It claims to hold the financial permit authorized by the National Futures Association (NFA) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. This broker is under no valid regulation at the moment.
GIANT ASSETS: The rating on WikiFX is 1.36. It claims to hold the license of Financial Service Provider (FSP) authorized by the Financial Service Providers Register (FSPR) whereas the license is suspected to be cloned. This broker isnt efficiently regulated.
iFirst: The rating on WikiFX is 1.85. It claims to hold the license of Financial Adviser authorized by the Australian Securities and Investments Commission (ASIC) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. The broker isnt under regulation currently in the wake of revocation of its license.
FUJI FUTURES: The rating on WikiFX is 1.37. It claims to hold the license of Retail Foreign Exchange Dealer (RFED) authorized by the Financial Services Agency (FSA) in Japan whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. At present, this broker isnt under any valid regulation.
As a reminder, WikiFX is ready to help you search the information on forex platforms, including regulation, trading environment, and traders comments, in a bid to protect you from illegal platforms and provide you with safe investments! (bit.ly/wikifxIN)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
DEGIRO claims to be a popular online broker known for its competitive trading fees and a great range of investment options, including stocks, ETFs, bonds, and options. DEGIRO stands out for is its low-fee structure, often significantly cheaper than competitors, achieved by focusing on execution-only services. This, however, comes at the cost of less comprehensive research tools and educational resources compared to full-service brokers. While functional, DEGIRO's platform is considered less sophisticated, lacking advanced charting, in-depth research, and real-time news. Additionally, its customer service has been criticized for some withdrawal problems, as well as being slow to respond at times.
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Darwinex is a UK-based regulated online trading platform and broker that offers a unique approach to trading and investment. Darwinex goes beyond traditional brokerage by integrating innovative technology with trading, offering proprietary tools unavailable elsewhere. Its“Darwins”, investable algorithms, enable users to mirror successful traders' strategies. Traders can execute their own trades and also invest in other traders' strategies through these Darwins. The platform operates under FCA regulation and provides access to various markets, including forex, stocks, indices, commodities, and cryptocurrencies. Rather than a pure broker, Darwinex would be more like a community-focused platform.
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