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Posted

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.
 

Posted

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.

Posted

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.

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  • 9 months later...
Posted

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!

Posted

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.

Posted

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.

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Posted
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.

image-2021-05-03-T10-20-15-460-Z.png

Posted

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.
 

Posted

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.

Posted
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.

  • 3 months later...
Posted
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 :D

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