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Posts by adrianmatusiaks

Is Cysec regulation/authority reliable in terms of financial distress? In General Dec 10 2020 at 08:07
[quote]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.[/quote] I am looking for a ...
Is Cysec regulation/authority reliable in terms of financial distress? In General 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.
Is Cysec regulation/authority reliable in terms of financial distress? In General Nov 23 2020 at 13:35
[quote]Amber_0302 posted: I think the cysec regulated brokers are reliable in terms of security of the funds. [/quote] 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.
Is Cysec regulation/authority reliable in terms of financial distress? In General Nov 19 2020 at 13:35
[quote]LyudmilLukanov posted: [quote]Mathewshayden posted: Cysec recently added Regtech to verify identities and was earlier coined by FCA.[/quote] I think that's good. Cysec is stepping up into their game to safeguard investors from scam.[/quote] that's one of the reasons I have always shown faith in certain regulatory bodies. Forex is surely a risky business but from our end we can still try and safeguard ourselves. Till date I keep hearing scam stories despite such binding laws, it's only up to us traders to stop using unregulated brokers.
Is Cysec regulation/authority reliable in terms of financial distress? In General Oct 03 2020 at 05:14
I often see the traders recommending Cysec regulated firms and brokers. Does that actually help in case of insolvency with brokers.
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