Security of the funds

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.

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.

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.

A broker can secure an account. Proper security of the broker should be provided when a trader deposits with the broker.

Probably, regulation is one of the key indicators of this. It is important. And many traders pay attention to it as a key indicator.

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.

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.

And that is why we should be trading with regulated brokers, they can and will be able to ensure the safety of your funds.

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.

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

Yes, security and reliability are some of the most important things to look for in a broker.

I prefer a broker who is a member of ICF for the security of my funds

Yes, a broker that offers security of account and funds is a must for every trader. Can’t trust just any broker these days.

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.

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.

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.

fasfolds posted:
Yes it is better to use brokers that offer some security of capital to their traders.

I agree with you.

@LyudmilLukanov Yes there is no alternative to regulated broker. There are many unregulated brokers out there online. Everyone should choose very carefully.

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.