Initially when I started trading, the broker I joined in the beginning (don’t wanna name them here now) seemed good to me, showcasing suitable conditions and they were regulated of course but i did not like their services at all, queries went unresolved no support answerable and latency was major issues and it was difficult to regain the trust over brokers again. But fortunately, my perception changed after I came across fxview. The broker's support is what impressed me. As i was very cautious and questionable at every step, they were able to handle my queries well. I'd say all in all, most of us come across such brokers and then loose our trust, but we should be aware, its not the same with every broker.
Now there are so many brokerage companies and offers from them that you can easily go crazy. But in practice, half of the offered services do not attract attention at all. I am not very happy with it, because it focuses attention on some unnecessary things.
For me even if the broker is well regulated, their smooth deposit and withdrawal policies are the areas that I look for. As there are many brokers in the market that claim to be well regulated but lack in basic services like these.
Sense of security and peace of mind you get with a regulated broker is something that I give the highest weightage while opting for a broker. Until you get the confidence that your money is safe, even after losing some trades, you can't keep the momentum going in this field of trading.
Some peace of mind does come with the knowledge of regulation. But that’s just half the story there. I don’t know how difficult or easy it is to obtain the required licenses because some of the brokers I have used in the past have made me only regret. And as a personal rule that I strictly follow, I only use regulated brokers. Presently I’m using cmc markets and fxview, thought of trying one really old one and 1 fairly new. Let’s see how these ones go. Uptil now the withdrawals are timely, but I don’t want to speak too soon.