Is Cysec regulation/authority reliable in terms of financial distress?
78678676
Členem od Oct 16, 2020
17 zpráv(a,y)
Nov 06 2020 at 06:02
Cysec regulation is indeed reliable when it comes to your funds. The ICF is an extra layer of protection. You can approach the regulation if you feel the need of it.
caringloriana
Členem od Jun 23, 2020
10 zpráv(a,y)
Nov 06 2020 at 07:25
bonuses are just a trap to attract more traders. Be careful with the broker who provides that. Gone through a lot of scam stories.
Anoxiare
Členem od Jun 25, 2020
6 zpráv(a,y)
Nov 07 2020 at 06:13
Also note Cysec only works if you fall under the jurisdiction of Europe. I see the point in having a Cysec regulated broker but should also have in view the other authorities, take CFTC agency for US.
Keaton Richards
(keatonrichard)
Členem od Jun 03, 2020
11 zpráv(a,y)
Nov 07 2020 at 08:07
Anoxiare posted:
Also note Cysec only works if you fall under the jurisdiction of Europe. I see the point in having a Cysec regulated broker but should also have in view the other authorities, take CFTC agency for US.
atleast better than having no regulations at all.
Gracewilson1995
Členem od Jan 11, 2019
111 zpráv(a,y)
Nov 07 2020 at 08:08
indeed the regulations are reliable. Cysec is one of them. But do make sure to check the firm on their website.
Mathewshayden
Členem od Oct 23, 2020
28 zpráv(a,y)
Nov 07 2020 at 08:28
Cysec recently added Regtech to verify identities and was earlier coined by FCA.
Freddraven
Členem od Jun 29, 2020
6 zpráv(a,y)
Nov 07 2020 at 09:24
Yeah, I also read the article lately
LyudmilLukanov
Členem od Jul 23, 2020
197 zpráv(a,y)
Nov 18 2020 at 13:21
Mathewshayden posted:
Cysec recently added Regtech to verify identities and was earlier coined by FCA.
I think that's good. Cysec is stepping up into their game to safeguard investors from scam.
Adrian Matusiak
(adrianmatusiaks)
Členem od Jun 11, 2020
5 zpráv(a,y)
Nov 19 2020 at 13:35
LyudmilLukanov posted:Mathewshayden posted:
Cysec recently added Regtech to verify identities and was earlier coined by FCA.
I think that's good. Cysec is stepping up into their game to safeguard investors from scam.
that's one of the reasons I have always shown faith in certain regulatory bodies. Forex is surely a risky business but from our end we can still try and safeguard ourselves. Till date I keep hearing scam stories despite such binding laws, it's only up to us traders to stop using unregulated brokers.