Nov 21 2020 at 06:59
I think the cysec regulated brokers are reliable in terms of security of the funds.
Nov 23 2020 at 13:35
Amber_0302 posted:
I think the cysec regulated brokers are reliable in terms of security of the funds.
I too think so. Although trading in itself in never risk-free but at least by using a highly regulated broker one can be a little bit certain on the safety part.
Nov 23 2020 at 20:56
Yes. They are very reliable. You can research the regulated brokers from Cysec and use them in their trading.
Nov 30 2020 at 09:50
It’s advised to go for CySEC regulated brokers. But that doesn’t mean only they are good brokers.
I will personally express my opinion that broker regulation is a purely speculative phenomenon. Namely, the method of making money with brokers. In essence, this means that the broker pays a lot of money to some authority that issues a certificate that the broker is regulated. Essentially, it doesn't change anything. Broker qualities are important in other aspects.
Dec 09 2020 at 10:40
I don't know how true it is, but I believe a disgruntled trader can approach these financial authorities if a broker under it plays foul. If that's true, then there's a reason to have some faith in regulated brokers.
No doubt Cysec license is good but it doesn’t mean all cysec regulated brokers are good. You’ll need to test if their trading conditions fit your range. Plus, normally known brokers have multiple licenses, commonly in hand with FCA for UK or ASIC for Australia. My advice is to select some brokers of your choice, test with the list of your checklist and decide to proportionate the accounts with brokers. I’ve also diversified my funds with pepperstone, hfx, IG and fxview. Just give your efforts and you’ll be good to go.
Dec 10 2020 at 08:07
Brick_56 posted:
No doubt Cysec license is good but it doesn’t mean all cysec regulated brokers are good. You’ll need to test if their trading conditions fit your range. Plus, normally known brokers have multiple licenses, commonly in hand with FCA for UK or ASIC for Australia. My advice is to select some brokers of your choice, test with the list of your checklist and decide to proportionate the accounts with brokers. I’ve also diversified my funds with pepperstone, hfx, IG and fxview. Just give your efforts and you’ll be good to go.
I am looking for a platform that is easy to use and does not charge any hidden fees. Of course low coomissions would be a plus. Any recommendations from your list? TIA.
Dec 24 2020 at 05:11
Yes. whatever is regulated will be safe most of the time. This is one benefit we get from regulation. Don’t you worry.
Dec 24 2020 at 10:09
Yes it is very much reliable. You can trust this regulatory authority.
