What regulation

Discussion in 'Forex regulation' started by Francmorio, Jan 25, 2018.

  1. Francmorio

    Francmorio Member

    That a broker is regulated does not necessarily mean the traders are protected. It means the broker is safe,, I have seen several cases where regulated brokers are accused and fined for scamming its clients. For example, some times in the recent past, FXCM was fined $200,000.00 for dealing with an unregistered firm and also scamming its clients. I think most people over rate the importance of regulation.
     
  2. liafatlouie

    liafatlouie Member

    I think regulation is very important because it concerns the security of our money traded at brokers. Do not let us become victims of rogue brokers, because there are also brokers who run away, one of the brokers who do not pay their members is Prime4x from Cyprus.
     
  3. AleFizark1

    AleFizark1 Member

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