A Detailed FXCitizen Review To Help You Make Your Choice
FXCitizen is not a mainstream Forex broker, as it is developed and marketed as a white label platform. Unlike traditional Forex brokerage business models, a white label platform acts as an affiliate, or as a service promoter for another company. Anybody can start up a white label platform and sell Forex products or services of another company for a share of the revenue. White label Forex trading platforms are expanding beyond borders and geographic restrictions due to the individual nature of the brokerage model, which allows any person or a company to benefit from their inert marketing prowess to earn a significant amount of profit from one of the most lucrative markets in the world. FXCitizen is not a regulated broker, which is a major drawback as far as traders are concerned. These days, a majority of traders prefer to choose a regulated broker for their Forex trading accounts, but FXCitizen regulation and supervision is indeed carried by its parent company, IKOFX.