Do you have a regulated broker?

[Charles Agustin]

We forex traders know how much a broker plays. Besides other services, a good trading broker allows traders with high regulation and security. No matter if you have a small capital, They use different regulated banks’ accounts to provide security to traders.

 

[filipecunha]

there's a ton of brokers out there, sometimes people focus too much on choosing one with lowest spread etc but they won't notice if they are regulated or not... what does 0 spread matter when you can't withdraw your money....

 

[Thabolan]

Here are 10 regulated brokers for forex trading:

1. IG Group - regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and other regulatory bodies.
2. Forex.com - regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) in the US, the Financial Conduct Authority (FCA) in the UK, and other regulatory bodies.
3. OANDA - regulated by the NFA and the CFTC in the US, the Financial Conduct Authority (FCA) in the UK, the Monetary Authority of Singapore (MAS), and other regulatory bodies.
4. XM Group - regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies.
5. AvaTrade - regulated by the Central Bank of Ireland, the Financial Services Commission (FSC) in the British Virgin Islands, and other regulatory bodies.
6. Pepperstone - regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK.
7. FXCM - regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and other regulatory bodies.
8. Plus500 - regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and other regulatory bodies.
9. Admiral Markets - regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies.
10. HotForex - regulated by the Financial Services Commission (FSC) in Mauritius, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies.

 

[Fin_Trader]

A regulated Forex broker plays a key role in ensuring the safety and security of the trading process for traders. It is important to understand that the broker’s regulation indicates that it is responsible and compliant with the requirements set by financial authorities, which helps reduce the risks of fraud and other unfavorable factors. I also chose a regulated broker for trading, which is under the control of the financial regulator FCA.