Is ASIC Regulated Broker the Best?

When looking for brokers then we need to focus a lot on regulation, as it is sort of thing that one needs to look closely. This is where i go for FP Markets since they are licensed by ASIC, as it is fair to say that brokers who are regulated by them are mostly secure and trustworthy. I have been operating with them for last 7-8 years and it’s seriously pleasing for me in every way. I also feel happier due to excellent set of conditions that counts for ultra-tight spreads, high leverage up to 1:1000 and then there is smooth trading platform that helps up with working.

Regulation is a big matter to consider while choosing a broker. Most of the brokers are getting themselves included with the market position without showing any legal certificate. So they have the lack of regulation. Traders have to face insecure with those types of brokers. That’s why regulation of a broker must be needed to have. I am so much lucky being a trader of a regulated broker called Trade12.

Every trader should consider regulation while selecting broker for own. You will get huge trading broker in the market who have no legal certificate of market positions. These brokers are not a real regulated trading broker. The disadvantages of selecting a non-regulated trading broker is the trader will not apply all type of techniques in their trading platform for many restrictions. That’s why I have selected the best regulated trading broker in the market TryMarkets.

You need to look at broker’s history and reputation, as just regulation will not do. I am joined under OctaFX who are high class with been licensed by FCA and also have excellent conditions with ultra-tight spreads at 0.1 pips, high leverage up to 1.500, zero balance protection, rebate program where I get 50% back on all trades which is even with losing one, so all this helps up in working rather smoothly and gives you that feeling of comfort.

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Originally Posted by Walter Abbott

When looking for brokers then we need to focus a lot on regulation, as it is sort of thing that one needs to look closely. This is where i go for FP Markets since they are licensed by ASIC, as it is fair to say that brokers who are regulated by them are mostly secure and trustworthy. I have been operating with them for last 7-8 years and it’s seriously pleasing for me in every way. I also feel happier due to excellent set of conditions that counts for ultra-tight spreads, high leverage up to 1:1000 and then there is smooth trading platform that helps up with working.

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As long as a broker is not regulated in the UK and also in the US, I cannot trade with brokers, that FP Markets is not regulated by FCA, I cannot trade with them.

Actually I do not know about the broker you are talking about. But I know a regulated trading broker, TopFX24. This is the best regulated trading broker in the market. I have selected this broker very carefully because my trading style is scalping and for scalping regulated trading broker is must. They are best for their multilingual customer support. I am getting from them 24 hours of 5 days. Also they have wide range of trading instruments which is over 2100.

Quote:

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Originally Posted by Walter Abbott

When looking for brokers then we need to focus a lot on regulation, as it is sort of thing that one needs to look closely. This is where i go for FP Markets since they are licensed by ASIC, as it is fair to say that brokers who are regulated by them are mostly secure and trustworthy. I have been operating with them for last 7-8 years and it’s seriously pleasing for me in every way. I also feel happier due to excellent set of conditions that counts for ultra-tight spreads, high leverage up to 1:1000 and then there is smooth trading platform that helps up with working.

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I think this regulator is good, but even better are the brokers that are regulated by FCA, brokers such as FreshForex, are known to have some of the fastest deposit and withdrawal methods.