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Amber_0302
Nov 21 2020 at 06:59
54 poster
I think the cysec regulated brokers are reliable in terms of security of the funds.

Adrian Matusiak (adrianmatusiaks)
Nov 23 2020 at 13:35
5 poster
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.

EbonyJones
Nov 23 2020 at 20:56
220 poster
Yes. They are very reliable. You can research the regulated brokers from Cysec and use them in their trading.

Christopher332
Nov 30 2020 at 09:50
19 poster
It’s advised to go for CySEC regulated brokers. But that doesn’t mean only they are good brokers.

Johannes (Johannes92563)
Dec 08 2020 at 13:14
10 poster
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.

Adrian Matusiak (adrianmatusiaks)
Dec 09 2020 at 10:40
5 poster
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.

Brick_56
Dec 10 2020 at 06:09
29 poster
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.

Adrian Matusiak (adrianmatusiaks)
Dec 10 2020 at 08:07
5 poster
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.


I am looking for a platform that is easy to use and does not charge any hidden fees. Of course low coomissions would be a plus. Any recommendations from your list? TIA.

Johnathankim
Dec 24 2020 at 05:11
20 poster
Yes. whatever is regulated will be safe most of the time. This is one benefit we get from regulation. Don’t you worry.

Gracewilson1995
Dec 24 2020 at 10:09
110 poster
Yes it is very much reliable. You can trust this regulatory authority.

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