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Is Cysec regulation/authority reliable in terms of financial distress?
会员从Jun 11, 2020开始
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会员从Jun 03, 2020开始
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Oct 03, 2020 at 05:31
会员从Jun 03, 2020开始
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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!
会员从Jun 09, 2020开始
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会员从Jan 11, 2019开始
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Oct 03, 2020 at 10:02
会员从Apr 15, 2020开始
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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.
会员从Jul 19, 2020开始
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会员从Jun 09, 2020开始
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会员从Jun 09, 2020开始
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Nov 04, 2020 at 09:12
会员从Jun 09, 2020开始
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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.
会员从Oct 08, 2020开始
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会员从Jan 11, 2019开始
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会员从Mar 16, 2020开始
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会员从Jun 11, 2020开始
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Nov 23, 2020 at 13:35
会员从Jun 11, 2020开始
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Amber_0302 posted: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.
I think the cysec regulated brokers are reliable in terms of security of the funds.
会员从Jul 20, 2020开始
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会员从Feb 11, 2020开始
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Dec 08, 2020 at 13:14
会员从Feb 11, 2020开始
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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.
会员从Jun 11, 2020开始
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Dec 10, 2020 at 06:09
会员从Apr 18, 2020开始
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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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