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.
     

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