Forex market is not a regulated platform, it is a decentralized market. So there are always threats of scam brokers, fraud trading platform, no one is responsible for monitoring the trading. One thing traders should do that is: they must select a regulated platform because a regulated broker won’t ditch you. That’s why I am working with a regulated broker AAFX since 2015. And it is always ensuring me a safely and timely trade executions.
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Thread: Why regulation is necessary?
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15-12-2017, 11:42 AM #1
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Why regulation is necessary?
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17-12-2017, 01:28 AM #2
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Regulation is an important factor to indentify a good broker. Good trust worthy is essential for a trader. Some trader made themselves into a scam broker. It hampers their trading journey. Now I am trading with CapitalsTrade. it is a regulated and licensed broker in Vanuatu. It provides maximum security of my fund. If anything happen in account it will provide me my capital. They are also providing many excellent facilities.
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17-12-2017, 12:57 PM #3
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Regulation of a broker is very important. With unregulated broker you are not safe. They may freeze your account if you make huge profit. That's the reason I have chosen a broker that is regulated and also provides personal care. In case you want to know, my broker is FXPM.
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19-12-2017, 06:07 PM #4
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Choosing a right broker is very essential as it can mean the difference between success & failure! You can choose any broker but don’t regret later! I am with Forex4you broker who provides the suitable trading conditions like fast execution & ultra-low spreads which are ideal for any strategy. Couple that with forex education, market analytics, trading contests, partnership and fast withdrawals and you can be well set for excellent trading
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20-12-2017, 07:11 PM #5
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Regulation is to an extraordinary degree fundamental in light of the way that it offers assurance to customers and our cash, on the off chance that we are not regulated sincerely then we could continue on through true blue ways. I do everything charmingly under MaximusFx, as they are regulated, I feel it's all unprecedented for me to work under such affiliation. I like their platform where spreads is ultra low like 0.1 pip and order is executed instantly.
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