Security of the funds

Nov 15, 2020 at 07:02
1,263 Angesehen
24 Replies
Mitglied seit Jul 19, 2020   751 Posts
Nov 15, 2020 at 07:02
Security of the funds is major issue. There are many brokers that defraud their customers. For good security, you require a good secured broker where you can feel safe. There are many brokers out there who hoodwink their customers.
Mitglied seit Jul 19, 2020   298 Posts
Nov 15, 2020 at 11:16
That's why we need regulated and licensed broker to trade. Trading with A broker without regulation is nothing but giving money to an unknown person. Every trader should be careful about it especially newbies.
Mitglied seit Apr 15, 2020   219 Posts
Nov 19, 2020 at 08:14 (bearbeitet Nov 19, 2020 at 08:15)
Newbies should be more careful about this kind of fraud. There are many brokers who did this kind of fraud with their customers. That is why it is suggested to always trade with a regulated and a licensed broker because for regulated brokers security of funds of the client is its topmost priority.
The more your practice, the more you learn.
Mitglied seit Jul 20, 2020   298 Posts
Nov 20, 2020 at 00:57
A broker can secure an account. Proper security of the broker should be provided when a trader deposits with the broker.
Mitglied seit Sep 14, 2020   12 Posts
Dec 11, 2020 at 12:10
Probably, regulation is one of the key indicators of this. It is important. And many traders pay attention to it as a key indicator.
Mitglied seit Nov 02, 2020   36 Posts
Dec 15, 2020 at 04:55
Indeed. looking at the number of times people get into issues in forex, its our responsibility to double check the broker's genuineness before we start trading with them, else we'll only end up wasting money with such scammers. As a pro tip, its always better to be with regulated brokers such as fxview, xm or icm so we dont expose ourselves to any kinda risk.
Mitglied seit Nov 09, 2020   9 Posts
Dec 21, 2020 at 10:21
Security is ensured by two parameters - the company and you.
Believe me, we could have avoided many mistakes if we had made fewer risky actions.
Mitglied seit Nov 03, 2020   70 Posts
Dec 22, 2020 at 12:12
And that is why we should be trading with regulated brokers, they can and will be able to ensure the safety of your funds.
Mitglied seit Nov 17, 2020   19 Posts
Jan 07, 2021 at 08:39
That is right. A lot of traders are scammed very soon and the security of funds is an essential point. Traders go for regulated brokers to have some security.
Mitglied seit Feb 19, 2017   6 Posts
Jan 13, 2021 at 09:35
I find the Security of the funds mechanism of many brokers. But how secure are they? all you know is security.
It is still important that the license be verified
Mitglied seit Nov 30, 2020   21 Posts
Feb 04, 2021 at 10:04
Yes, security and reliability are some of the most important things to look for in a broker.
Mitglied seit Jan 11, 2019   147 Posts
Feb 04, 2021 at 11:03
I prefer a broker who is a member of ICF for the security of my funds
Mitglied seit Dec 24, 2020   9 Posts
Mar 04, 2021 at 12:15
Yes, a broker that offers security of account and funds is a must for every trader. Can’t trust just any broker these days.
Mitglied seit Mar 16, 2021   2 Posts
Mar 16, 2021 at 11:03
Everybody is concerned about the security of their funds and that’s why going to a regulated broker is the right choice because these brokers follow proper guidelines issued by the regulatory body. So, it is a must to check that your forex broker is regulated with at least one regulatory authority in order to help safeguard your deposited trading funds.
Mitglied seit Nov 06, 2018   83 Posts
Mar 16, 2021 at 14:32
If you are so worried about your funds, then go with a regulated broker. But regulation isn't everything. I've seen a few regulated brokers go bust, and customers having issues redeeming their funds.
Mitglied seit Jul 23, 2020   869 Posts
Mar 24, 2021 at 17:46
klosspiece posted:
Yes, security of funds is a big thing and it is wise to trade with platforms that are reliable.
True. After all, it is an OTC market. Always trade with a regulated broker to avoid scams.
Mitglied seit Mar 17, 2021   536 Posts
Jul 06, 2021 at 12:16
fasfolds posted:
Yes it is better to use brokers that offer some security of capital to their traders.
I agree with you.
Mitglied seit Jul 19, 2020   751 Posts
Jul 06, 2021 at 14:04
@LyudmilLukanov Yes there is no alternative to regulated broker. There are many unregulated brokers out there online. Everyone should choose very carefully.
Mitglied seit Jun 16, 2020   57 Posts
Jul 19, 2021 at 11:02
You can be assured of the security of your funds only when you choose a trusted, reputed, and reliable broker without any chances of scam.
Mitglied seit Jul 19, 2020   788 Posts
Jul 19, 2021 at 14:08
If the place where you invest is not secure then how will the investment be safe? That is why you should trade with the right broker.
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