Latham Lapard Posted July 7, 2020 Share Posted July 7, 2020 Regulation is the part and parcel in the Forex marketplace as without this one none broker is reliable. If you take a look at many new brokers' webpage then you will see they have all the things but if you investigate deeply then you won't find anything so they are absolutely scam. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted July 8, 2020 Share Posted July 8, 2020 The Forex market is regulated by the Financial Conduct Authority (FCA). They are a consumer Watchdog agency and regulatory body. The FCA is funded by the various financial services companies and forex brokers who make use of the markets. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted July 9, 2020 Share Posted July 9, 2020 As for me, here it is simply important to understand who, what and how is regulated. I work with the broker ExpertOption, and this issue has already been discussed with the company's specialists. Quote Link to comment Share on other sites More sharing options...
Monaya Posted July 16, 2020 Share Posted July 16, 2020 Personally, I am very scrupulous in choosing a broker, I know that Amarkets is really worth trying for her and honesty. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 12, 2020 Share Posted September 12, 2020 Like for me, there's a lot that depends on the broker you're working with. After all, many brokers do not particularly get into the work of a trader. Quote Link to comment Share on other sites More sharing options...
Juleenelya Posted September 15, 2020 Share Posted September 15, 2020 any conditions need to be carefully checked, because you can get both money and account blocking, and the broker will be right, because you simply did not comply with its conditions Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 16, 2020 Share Posted September 16, 2020 Regulation is quite common, and this must be understood. As for me, the trader needs to be ready for this. Quote Link to comment Share on other sites More sharing options...
Michael Butcher Posted July 7, 2021 Share Posted July 7, 2021 It's normal situation, that people want to work with regulated brokers. I suppose that regulated=trusted. Also, in order to choose the right and trusted broker, you need to learn a lot of information about them. I can recommend you to check the site Finarm com. It has a list of "trusted brokers". This list has descriptions, ratings and indicators. Check it out! Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 7, 2021 Share Posted July 7, 2021 In fact, if the broker is regulated by certain rules, this can already secure the trader. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted July 7, 2021 Share Posted July 7, 2021 Brokers are regulated by government agencies enforcing the existing laws. Quote Link to comment Share on other sites More sharing options...
Francisco Posted July 7, 2021 Share Posted July 7, 2021 Many traders prefer only trading with a regulated broker, so most brokers have been regulated by some govt body. I would suggest trading with a broker that could be an advantage for you as well. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 8, 2021 Share Posted July 8, 2021 I am not entirely positive about regulation, but here a lot depends on the broker itself. Quote Link to comment Share on other sites More sharing options...
bigxy Posted July 8, 2021 Share Posted July 8, 2021 Agreed to you because there are a lot many bad examples in the past where even regulated brokers turned in scam over the night and stop paying the traders. Not sure if those traders got any money back. Quote Link to comment Share on other sites More sharing options...
gds221 Posted July 13, 2021 Share Posted July 13, 2021 The main thing is that it should be "for the good" of the trader, and not harm the trader, and not make him lose profit. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 5, 2021 Share Posted November 5, 2021 If I understand correctly, not all companies are engaged in this seias. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 15, 2021 Share Posted November 15, 2021 On 11/5/2021 at 9:59 PM, Vaabum said: If I understand correctly, not all companies are engaged in this seias. I am doing my Forex Trading with the International Broker FXOpen They have Low Spreads in Gold and Forex Pairs with USD. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 15, 2021 Share Posted November 15, 2021 To be honest, this is not the most important indicator now. As for me, many companies may not have licenses, but provide quality services. Quote Link to comment Share on other sites More sharing options...
ThomasFernandez Posted November 17, 2021 Share Posted November 17, 2021 Regulation is important for brokers because it lets the trader feel safe when trading live using real capital. I trade with FP Markets, an ASIC broker who is also regulated by CYSEC, so they adhere to strict capital requirements, and I can trade without being worried about my account safety. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 18, 2021 Share Posted November 18, 2021 In general, this is useful of course. But sometimes it may not be useful at all for the trader. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted November 19, 2021 Share Posted November 19, 2021 Regulation is always important in my opinion, if you are choosing a broker, you should check whether it's regulated - and find some information about the regulatory body they refer to if you don't know it, not all regulatory bodies are made equal. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 20, 2021 Share Posted November 20, 2021 I think this is a really big plus for a trader. At least with the right approach and choosing a company, this can have its results. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 22, 2021 Share Posted November 22, 2021 On 11/20/2021 at 8:40 PM, Vaabum said: I think this is a really big plus for a trader. At least with the right approach and choosing a company, this can have its results. If we are able to earn income we must also understand that doing our trades is not going to be easy for us. Quote Link to comment Share on other sites More sharing options...
Paul12 Posted November 23, 2021 Share Posted November 23, 2021 Traders need to look for regulations in brokers before investing in them because brokers without regulations can be scammers or market makers. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 23, 2021 Share Posted November 23, 2021 This is not always a positive factor, but it still depends on the company itself. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 21, 2022 Share Posted March 21, 2022 On 11/23/2021 at 8:02 PM, Vaabum said: This is not always a positive factor, but it still depends on the company itself. We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen Quote Link to comment Share on other sites More sharing options...
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