Security of the funds

Nov 15, 2020 at 07:02
1,451 Views
24 Replies
Member Since May 19, 2020   420 posts
Jul 20, 2021 at 11:56
What exactly are we trying to figure out on this thread? That money security is essential. This goes without saying and has been repeated many times already. The dishonesty of some brokers and other financial companies is something that should be minimized and cleaned, but at the same time, each trader has the right to choose first before deposit funds.
@Marcellus8610
Member Since Apr 15, 2020   219 posts
Jul 21, 2021 at 03:37
MarcellusLux posted:
What exactly are we trying to figure out on this thread? That money security is essential. This goes without saying and has been repeated many times already. The dishonesty of some brokers and other financial companies is something that should be minimized and cleaned, but at the same time, each trader has the right to choose first before deposit funds.
Right, the trader should first make sure that he selects a trustworthy broker, that's his basic responsibility. However, if you know that a broker sounds suspicious but still invest in them then you are at fault as well along with the broker who is scamming his clients,
The more your practice, the more you learn.
Member Since Feb 15, 2022   183 posts
Mar 03, 2022 at 06:42
Security of fund is an issue traders are concerned about. Lower security of fund snatches away the trust of traders from a certain broker. Especially, it’s a major concern to those who have a large amount of capital for trading. So, this is an issue to consider before selecting a broker.
Member Since Feb 16, 2022   67 posts
Apr 14, 2022 at 06:13
Security of trading capital has become a crisis because maximum trading brokers in the marketplace are scammed. They pose a threat to the survival of traders and they like to deceive their traders without pleasing them with numerous facilities. Such brokers remain in disguise in the market placed so they are uncatachable.
Member Since Aug 05, 2021   401 posts
Apr 24, 2022 at 14:51
This is a huge issue right now. People are depositing hundreds and thousands of dollars with fraudulent brokers and then asked for more money when they try to make a withdrawal. Then the website disappears, or customer support gives them excuses or asks for more money if they even reply at all. This is why it's so important to thoroughly research any broker you're considering.
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