Re: Brokers regulation ...

Torrie8 wrote:
Mon Aug 17, 2020 11:37 pm
moey_dw wrote:
Fri Aug 14, 2020 10:15 pm

It's ideal................ regulated is safer but not requirement............... look at pepperstone they regulated by asic but still getting hacked and client details leaked so doesn't matter :thumbdown: :thumbdown: :thumbdown:
Regulated broker is indeed safer but we should not solely depend on one broker. The much safer option we can do is to diversify the funds into accounts. I'm still using Pepperstone, and others including IC Markets, fxpro and now trying out fxview. We can't afford to trust on single broker.
yes............. totally agreed!!!
Contribution Inspector & GIF Animator at your service👮

Re: Brokers regulation ...

The Securities and Exchange Commission (SEC) is passing new regulation - it has required all companies to integrate a ‘Derivatives Risk Management’ program. Furthermore, they have been asked to limit the risk related to leverage.

The US regulator noted that now investment funds will be able to enter into “unfunded commitments”, for the purposes of following on on investments and loans. Furthermore, funds can enter can also go into reverse repurchase agreements.

Re: Brokers regulation ...

A regulated broker gives traders the intention that their invested capital is safe and they are trading with a secured broker, not a scammer. A regulated broker provides quality customer service and maintains a good reputation with their clients.

Re: Brokers regulation ...

"It is important for every trader that the broker they use is regulated because no one wants their money to go in vain.

A broker regulated himself to let traders know that their invested capital is safe, and these type of brokers are reliable."

Re: Brokers regulation ...

I prefer trading with a regulated broker because it gives the impression that a trader invested capital is safe, and they are trading with a secured broker.

Just be careful with FP Markets.

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