Mar 24 2021 at 16:57
Actually most new traders are introduced to forex trading by saying if you learn some indicators, you will make huge profit. Even there are more ridiculous introduction of trading, for example, If you price goes up sell if price goes down buy.
A regulated broker is very important to make a good trading career in this market.
Aug 08 2021 at 03:46
I will always prefer a regulated broker.
Aug 12 2021 at 05:54
Unregulated brokers are an absolute no no. If anything goes bad, they do not take responsibility. Your money is only safe with a regulated broker.
As for me, it is better to choose a broker that is regulated. It's more reliable that way.
Aug 13 2021 at 04:35
Of course it is important to choose a regulated broker. However maybe you dun know that some countries are banned from some particular brokers. Therefore, you have to know which broker is suitable to you...
'Regulated brokers are reliable, and most traders prefer them because there are lower risks involved in them.
Unregulated brokers are mostly scammers; traders should avoid using such brokers to avoid losing money and invest in regulated brokers.'
Unregulated brokers are mostly scammers; traders should avoid using such brokers to avoid losing money and invest in regulated brokers.'
I'll always vouch for regulated brokers.
Honestly, when it came to choosing a broker for myself in the past, i also contemplated a lot if i should go for a regulated or non regulated broker, tbh it depends on what you are looking for. I went with finprotrading, because of the high leverage and deposit bonus. Likewise people go with regulated ones for security. It just depends on which conditions you like to trade with. Simple.
Aug 16 2021 at 07:31
zvr564 posted:u said the truth.... unregulated broker definitely has more bonus scheme to offer such as deposit bonus... you can easily tell from these, how could a regulated broker give out such luring 40% bonus... everything is just a scam but yet, you cant deny it is profitable to do so if the broker still run smoothly...
Honestly, when it came to choosing a broker for myself in the past, i also contemplated a lot if i should go for a regulated or non regulated broker, tbh it depends on what you are looking for. I went with finprotrading, because of the high leverage and deposit bonus. Likewise people go with regulated ones for security. It just depends on which conditions you like to trade with. Simple.
My job is to compare broker to broker for those who consult me and give out the best option for them.... So i know much how the brokers work
ChanKaiTai posted:I agree, best to run along till the broker is playing nice. I remember finprotrading before its merger with coinexx, they were so good. And now that they are back I couldn't resist going back. Thou, I agree it is always best to play safe. Keep on sharing the valuable knowledge bud! Would be of great help.
u said the truth.... unregulated broker definitely has more bonus scheme to offer such as deposit bonus... you can easily tell from these, how could a regulated broker give out such luring 40% bonus... everything is just a scam but yet, you cant deny it is profitable to do so if the broker still run smoothly...
My job is to compare broker to broker for those who consult me and give out the best option for them.... So i know much how the brokers work
Aug 18 2021 at 15:34
Most people are going to say to go with a regulated broker because it’s safer. Generally it is, but there do seem to be some cases where it’s better to go with an unregulated broker. Countries with stricter regulation laws would be an example, as they may not have many other options. I’ve opened an account through an unregulated broker before and never had any issues, but I do realize that I could have just gotten lucky in choosing one of the best ones out there. Just be sure to do a lot of research if you do go the unregulated route.
HeavLeighGill26 posted:But i think regulated brokers are very much safer than unregulated brokers.
Most people are going to say to go with a regulated broker because it’s safer. Generally it is, but there do seem to be some cases where it’s better to go with an unregulated broker. Countries with stricter regulation laws would be an example, as they may not have many other options. I’ve opened an account through an unregulated broker before and never had any issues, but I do realize that I could have just gotten lucky in choosing one of the best ones out there. Just be sure to do a lot of research if you do go the unregulated route.
What options have you already tried?
Sep 01 2021 at 21:22
If you want to avoid scams, trade with a regulated broker.
When it comes to trading, there is no alternative to regulated and licensed brokers. Never go for unregulated broker. No matter how lucrative their offers are.
UweMoench posted:Yes, and you feel safe about your funds, there is no chance of any kind of scam
When it comes to trading, there is no alternative to regulated and licensed brokers. Never go for unregulated broker. No matter how lucrative their offers are.
I mostly prefer trading with Regulated brokers because their accounts are audited regularly, and trades feel their accounts are secured; brokers like FP Markets or CMC adhere to strict capital requirements.
Whereas unregulated brokers are risk associated, working with them can easily become disastrous since there are many scams and dealing with fraud is difficult.
Whereas unregulated brokers are risk associated, working with them can easily become disastrous since there are many scams and dealing with fraud is difficult.
Sep 07 2021 at 15:12
robindude posted:Very good information. I think this will benefit many traders.
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
Nov 13 2021 at 17:44
RobSchiz posted:I also agree with you.HeavLeighGill26 posted:But i think regulated brokers are very much safer than unregulated brokers.
Most people are going to say to go with a regulated broker because it’s safer. Generally it is, but there do seem to be some cases where it’s better to go with an unregulated broker. Countries with stricter regulation laws would be an example, as they may not have many other options. I’ve opened an account through an unregulated broker before and never had any issues, but I do realize that I could have just gotten lucky in choosing one of the best ones out there. Just be sure to do a lot of research if you do go the unregulated route.
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