Regulation of a broker

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Thread: Regulation of a broker

  1. #21
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    Regulation of a broker
    The only safe way to trade is with a regulated broker in my opinion. No one else can be trusted, there are far too many shady companies in this industry, which poses a significant risk to traders.

  2. #22
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    Quote Originally Posted by jvoron View Post
    The only safe way to trade is with a regulated broker in my opinion. No one else can be trusted, there are far too many shady companies in this industry, which poses a significant risk to traders.
    This is true, though it doesn't guarantee all round best services from a broker but it does gives you that sense of security. And most importantly always verify whether they are actually regulated or not, because a friend was telling me the other that scam brokers have fake edited documents of registration on their sites.
    So it's important you check with the body or association regulating them, most times on the official sites of these bodies. I made no mistake on this while doing a background check forexchief, and to my relief they are both regulated and licensed for real.

  3. #23
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    in ro ham eslah kon:
    There are a lot of brokers that offer traders a nice environment of trading and traders should trade with such a broker with whom risk-management is easy. Traders should choose the right trading style that suits them actually. The platform provided by brokers should be smooth and technical errors free.

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