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What is the advantage of trading with a regulated broker?

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Nov 15, 2013 12:32 pm
#1

Antworten: 47
Member since: 13/09/2013

Hey guys!Just want to ask what are the benifits a trader gets from a regulated broker.

Nov 22, 2013 02:16 pm
fxlots User

Antworten: 22
Member since: 07/11/2013

Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

https://www.fxstat.com/widget/link?t=small&c=3&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity

 

Nov 22, 2013 02:50 pm

Antworten: 47
Member since: 13/09/2013

Originally posted by fxlots

Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

https://www.fxstat.com/widget/link?t=small&c=3&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity

 

 



Thank you very for answering this query.This is very helpful to other new traders who are looking for a good broker.They should always include this criteria when choosing a good broker.

[cool]

Nov 23, 2013 06:04 am
dianayes User

Antworten: 41
Member since: 07/11/2013

Originally posted by fxlots

Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

https://www.fxstat.com/widget/link?t=small&c=3&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity

 

 



Thanks for posting.This is helpful for traders who are willing to have a good one broker.

Nov 24, 2013 05:03 pm
Champ User

Antworten: 711
Member since: 17/05/2011

Originally posted by rrayne20009

Hey guys!Just want to ask what are the benifits a trader gets from a regulated broker.



Answer to benifits of trading with regular broker is already given. 

There is one more thing I want to add which is to further evaluate regulation. Regulation with some Top regulatory authorities like CSEC, FSA, FIRA, SEC (USA) and ASIC etc provide much higher safety level 

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Nov 25, 2013 09:21 am

Antworten: 3
Member since: 22/08/2013

which one of the regularity authorities mentioned is the best ?

https://www.fxstat.com/widget/link?t=tiny&c=4&s=24716&o1=growth&o2=drawdown&o3=monthly&o4=equity

Nov 25, 2013 12:00 pm
4nt5 Translator

Antworten: 84
Member since: 12/10/2013

Originally posted by mohammedzaydon

which one of the regularity authorities mentioned is the best ?

 





It really depends on which region the broker is based i.e. FCA in UK and SEC in the US... because if a broker is based in the UK but regulated by the SEC they have no power over the broker.

http://www.fxstat.com/widget/link?t=small&c=1&s=20781&o1=growth&o2=drawdown&o3=monthly&o4=equity 

Nov 25, 2013 04:15 pm

Antworten: 47
Member since: 13/09/2013

Originally posted by Champ

 

Originally posted by rrayne20009

 

Hey guys!Just want to ask what are the benifits a trader gets from a regulated broker.

 



 

Answer to benifits of trading with regular broker is already given. 

There is one more thing I want to add which is to further evaluate regulation. Regulation with some Top regulatory authorities like CSEC, FSA, FIRA, SEC (USA) and ASIC etc provide much higher safety level 

 



I know ASIC is for Australia,what about FSA?

Nov 26, 2013 11:18 am
Noobtrader User

Antworten: 52
Member since: 07/11/2013

FSA (Financial Services Authority) is the UK financial regulator, i think its changed its name now to FCA (Financial Conduct Authority) so both are UK.

Whats FIRA? it sounds like a move in the Final Fantasy games 

[aww]

Dec 02, 2013 10:12 am
dianayes User

Antworten: 41
Member since: 07/11/2013

It's a big advantage that we trade in a regulated broker because we have an assurance that our money will not be wasted and scammed.And it's advantage that money are segragated.

Dec 03, 2013 10:26 am
4nt5 Translator

Antworten: 84
Member since: 12/10/2013

Originally posted by dianayes

It's a big advantage that we trade in a regulated broker because we have an assurance that our money will not be wasted and scammed.And it's advantage that money are segragated.

 





Why is it an advantage that money is segregated? and whose money?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=20780&o1=drawdown&o2=monthly&o3=profitfactor 

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