Security of the funds
Nov 19, 2020 at 08:14
(diedit 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.
Anggota Sejak Jul 20, 2020
298 pos
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.
Anggota Sejak Sep 14, 2020
12 pos
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.
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.
Anggota Sejak Nov 17, 2020
19 pos
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.
Anggota Sejak Feb 19, 2017
6 pos
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
It is still important that the license be verified
I TRUST IN GOD
Anggota Sejak Jan 11, 2019
147 pos
Feb 04, 2021 at 11:03
I prefer a broker who is a member of ICF for the security of my funds
Anggota Sejak Dec 24, 2020
9 pos
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.
Anggota Sejak Mar 16, 2021
2 pos
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.
Anggota Sejak Nov 06, 2018
83 pos
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.
Anggota Sejak Jul 23, 2020
869 pos
Mar 24, 2021 at 17:46
klosspiece posted:True. After all, it is an OTC market. Always trade with a regulated broker to avoid scams.
Yes, security of funds is a big thing and it is wise to trade with platforms that are reliable.
Anggota Sejak Mar 17, 2021
536 pos
Jul 06, 2021 at 12:16
fasfolds posted:I agree with you.
Yes it is better to use brokers that offer some security of capital to their traders.
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.
