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Is Cysec regulation/authority reliable in terms of financial distress?
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Freddraven

Member Since Jun 29, 2020  6 posts Freddraven Oct 07 at 09:15
FCA for sure in UK…

Johnathankim

Member Since Jun 23, 2020  6 posts Johnathankim Oct 12 at 04:20
Nowdays, trading with IG! Looking to open an account with another trading broker. @russellgutierrez How's your experience with Fxview for executions & withdrawals?

LyudmilLukanov

Member Since Jul 23, 2020  123 posts LyudmilLukanov Oct 29 at 16:42
Anoxiare posted:
Why just stop at cysec, I would check for other licenses too - ACPR, FCA, etc. ?

It depends on what country you are in. Cysec is the major regulator in Cyprus and FCA in UK.

jeannettebishop

Member Since Jun 09, 2020  14 posts Jeannette Bishop (jeannettebishop) Nov 04 at 04:52
I don’t feel Fxview can be compared to established brand like IG

russellgutierrez

Member Since Jun 03, 2020  27 posts Russel Gutierrez (russellgutierrez) Nov 04 at 08:11
Though I know the spreads for IG are competitive around 0.6 pips, but for Fxview they are even better.
Can see the brand in top 3 atleast for EURUSD:
https://www.myfxbook.com/forex-broker-spreads
@Johnathankim: It didn’t take me more than 2 days for withdrawals and only once or twice 3 days. Weekends are not applicable.

jeannettebishop

Member Since Jun 09, 2020  14 posts Jeannette Bishop (jeannettebishop) Nov 04 at 09:12
Yeah, that is, thanks for including. IG is heavy on their offerings too - be it forex, indices, shares, commodities, cryptocurrencies, bonds, ETFs, options. It has a noticeable global footprint which is another plus. Speeds are lightning for paypal transactions too.

russellgutierrez

Member Since Jun 03, 2020  27 posts Russel Gutierrez (russellgutierrez) Nov 05 at 04:00
You’re so spot on about IG’s worldwide presence. Still waiting for them to open up with MT5 and Acttrader (something that Fxview already has)

Johnathankim

Member Since Jun 23, 2020  6 posts Johnathankim Nov 05 at 05:25
@russellgutierrez well put, thanks!

Maxwelljoe

Member Since Oct 08, 2020  21 posts Maxwelljoe Nov 06 at 04:15 (edited Nov 06 at 04:15 )
likewise, cysec even limits the leverage and capital requirements. Any broker failing to meet these, would receive fine notifications at their premises and in worst cases, license can be suspended.

keatonrichard

Member Since Jun 03, 2020  11 posts Keaton Richards (keatonrichard) Nov 06 at 05:11
right on, also keeps a check on bonus qualifications

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EURUSD 1.19606 GBPUSD 1.33021
USDJPY 104.093 USDCAD 1.29894

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