Jan 30 at 17:48
Should I go for a regulated broker or the unregulated one?
Not sure about unregulated, take this recent incident of paxforex. Their domain got banned and imagine the trauma their clients must've had to face. According to me, it is always best to go with regulated ones like Fxview or ICM or XM. They are trusted and safe.
Feb 02 at 12:05
It solely depends upon the type of services you want. Just note down your needs and then filter which one is better for you.
Feb 05 at 10:11
I would suggest having both, do demo trading on both and then decide which one is better. But this will be only possible if you use demo accounts effectively.
blackChelsea posted:
I would suggest having both, do demo trading on both and then decide which one is better. But this will be only possible if you use demo accounts effectively.
Trading conditions are one thing, but what about security of funds? Don't you think regulated brokers are much better and safer option?
The difference between these brokers is really obvious - you, and everyone must choose for himself what is best for him.
Regulated certainly if you want to be safe.
If you want your funds not to end up taken away from you, my suggestion is to go for regulated broker. You can look into myfxbook spreads link and click on regulated option and choose mentioned brokers
Feb 18 at 13:37
'Regulated brokers are considered safer than an unregulated broker. Any issues regarding the capital invested can be taken towards their regulated body and file a complaint on the broker.
Whereas in unregulated brokers the only way to solve the issue is to reach the broker's customer support members.'
Whereas in unregulated brokers the only way to solve the issue is to reach the broker's customer support members.'
Feb 18 at 22:47
Newer work with unregulated broker.
