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Is Cysec regulation/authority reliable in terms of financial distress?
Uczestnik z Jun 11, 2020
4 postów
Uczestnik z Jun 03, 2020
15 postów
Oct 03, 2020 at 05:31
Uczestnik z Jun 03, 2020
15 postów
Best thing about regulations - the safety net! Feel relieved that I have somewhere to approach if need be. I never ever take a chance with my investments, going to any hillbilly broker. Stick to CySec regulated brokers as I know they can be approached if you feel wronged. However it’s best to contact the broker first - protocol!
Uczestnik z Jun 09, 2020
14 postów
Uczestnik z Jan 11, 2019
140 postów
Oct 03, 2020 at 07:58
Uczestnik z Jan 11, 2019
140 postów
Yes, Cysec reagulated brokers are more reliable if we look at the side of fund security
Uczestnik z Apr 15, 2020
187 postów
Oct 03, 2020 at 10:02
Uczestnik z Apr 15, 2020
187 postów
Yes, off course without a doubt CySec regulated brokers are the best choice. When any broker is under the surveillance of regulation, the interest of the trader is automatically protected. Your funds are secured, no trade manipulation is possible and you get a superior power to take your complaints if the broker does something against your will.
The more your practice, the more you learn.
Uczestnik z Jul 19, 2020
283 postów
Oct 06, 2020 at 12:00
Uczestnik z Jul 19, 2020
283 postów
I think it is reliable. I always follow their updates.
Uczestnik z Jun 09, 2020
14 postów
Uczestnik z Jun 09, 2020
14 postów
Nov 04, 2020 at 09:12
Uczestnik z Jun 09, 2020
14 postów
Yeah, that is, thanks for including. IG is heavy on their offerings too - be it forex, indices, shares, commodities, cryptocurrencies, bonds, ETFs, options. It has a noticeable global footprint which is another plus. Speeds are lightning for paypal transactions too.
Uczestnik z Oct 08, 2020
22 postów
Uczestnik z Jun 03, 2020
15 postów
Uczestnik z Oct 16, 2020
125 postów
Nov 06, 2020 at 06:02
Uczestnik z Oct 16, 2020
125 postów
Cysec regulation is indeed reliable when it comes to your funds. The ICF is an extra layer of protection. You can approach the regulation if you feel the need of it.
Uczestnik z Jan 11, 2019
140 postów
Nov 07, 2020 at 08:08
Uczestnik z Jan 11, 2019
140 postów
indeed the regulations are reliable. Cysec is one of them. But do make sure to check the firm on their website.
Uczestnik z Oct 08, 2020
17 postów
Uczestnik z Mar 16, 2020
54 postów
Uczestnik z Jun 11, 2020
4 postów
Nov 23, 2020 at 13:35
Uczestnik z Jun 11, 2020
4 postów
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.
Uczestnik z Jul 20, 2020
172 postów
Nov 23, 2020 at 20:56
Uczestnik z Jul 20, 2020
172 postów
Yes. They are very reliable. You can research the regulated brokers from Cysec and use them in their trading.
Uczestnik z Nov 05, 2020
16 postów
Uczestnik z Feb 11, 2020
11 postów
Dec 08, 2020 at 13:14
Uczestnik z Feb 11, 2020
11 postów
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.
Uczestnik z Jun 11, 2020
4 postów
Dec 10, 2020 at 06:09
Uczestnik z Apr 18, 2020
55 postów
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.

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