Regulation of a broker

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Thread: Regulation of a broker

  1. #1
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    Default Regulation of a broker

    Regulation of a broker
    Regulation of a broker is very important aspect. Every trader should check this before choosing a broker. Payment method and timing should also be checked. Because By doing this your money will be safe with the broker. I have chosen Eurotrader which is a regulated broker providing premium trading services. They gives very low spreads as low as 0 pips and 1:500 levarage as well. They have more than 100 trading instruments.

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    True, there are a lot of risk related to using offshore brokers - poor regulation, lack of capital requirements, no position reporting, etc. Personally, I avoid them.

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    From all trading strategies scalping is mainly considered as a most usable and profitable trading policy that brings profit in a short time. But I have seen according to my trading experience in spite of a profitable trading policy scalping dont allow by and large trading broker in their platforms. By the way I am very lucky to choose LQDFX which is real STP Execution trading platform and for all time make sure best trading environment for scalping by providing lowest trading spreads from 0 pips which is very supportive to make profit with certainly by scalping that brings profit in a short time. so, I feel comfortable at all times when scalping.

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    Nowadays there are almost thousands online broker in retail market place and most of them are found to be scams. Thats why finding a right broker is very difficult task. By the way I am very lucky to found LQDFX which is real STP Execution trading platform and for all time make sure security of funds, low transaction cost, easy withdrawal system without long time process, active customer services, free demo trading, lowest trading spreads and much more that are very supportive to lead a comfortable trading life with certainly. And they dont restrict any kinds of trading techniques with scalping and hedging. So, my trading life is very much comfortable.

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    Excess mistakes and mishaps can force a trader to withdraw him from the market and majority of retail traders are doing the same mistake: they are entering in the forex market without attaining appropriate knowledge and skills about forex market. And many traders are just rushing towards money without spending sufficient time in learning and without selecting a proper broker. I always prefer regulated broker plus a security of funds since I have come here to add in my money. Thereby I have selected ForexChief since it is a licensed booker and it is providing me adaptable MT4 platform which can be operated from any device, re-quote and slippage free orderly trade executions, lowest zero spread and 1:400 good leverage with proper expert advice.

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    Regulation refers to the set of laws and provisions a broker usually follows to run it. Definitely, a secure broker comes with a rich regulation policy. The higher the regulation of a broker is, the higher the security of the broker is. So, one should carefully select a regulated broker as it has impact on security.

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    Regulation is very important! Forex is my main source of money making so, I have no way to consider the security issues! In my trading I rely on Eurotrader broker, this popular FX broker is regulated in various authorities; such as CySec, The Republic of Marshall Islands (Registration Number: 92512)! On the other hand, I never faced any issue here on big amount withdrawal! The support team is so much friendly!

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    For me regulations might be important but we also have to check the broker's reputation as well.

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    in ro ham eslah kon:
    In an unregulated broker, you are never secure. And it leaves the necessity for selecting a regulated broker. A regulated broker is authorized and offers high security of funding and owing to that reason, a trader always feels secure here. But sadly to say, there are only a handful amount of regulated brokers available in marketplace.

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