I was looking for a broker that offers zero comission stock investing and I came across this website. I have never seen a stock broker pays out in crypto but from products they offer and website’s general look, they seem like a legit one. How do I find out whether it is safe?
Hey there,
Thanks for your message. It’s great that you’re doing your due diligence before choosing a broker, especially in case of Igenius FX. Although its platform might seem promising, but Ingenius FX is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
Read this article where we collected some steps to ensure you avoid scam brokers: https://brokerchooser.com/forex/regulation/scams#how-to-avoid-forex-scams
Also, you can find reliable and regulated brokers who offer zero commissions here: https://brokerchooser.com/compare. Just filter for zero commission in the top right corner and you’ll be shown the top list of online brokers available in your region who meet the criteria. All the 100+ brokers reviewed on the BrokerChooser website meet the safety criteria as they are regulated by top-tier regulators.
Please let me know if you have any further questions.
Best wishes,
Andris