There are so many online forex broker in market with many promotions that it just creates confusion in new traders. I am trading with Mayzus and they are regulated by CySEC. What you feel about regulated brokers.
I would have replied nicely to your question only if you weren't here to promote this broker. Their regulation is not trustworthy anyway.
Regulated brokers are safe for trading. Traders are confident that there money will not go to wrong hands. Dealing of trading and transactions are in time. I think one should not trade with unknown brokers . A good broker provides you good facilities.
Guys what do you think about FCA regulation in the light of recent issue with IronFx? I had account there, though it was small so I switched all my attention to my main account at Hotforex. Should I find now one more broker for diversification or keep my business entirely with one broker (CySec regulated). What do you think
Some say CySec regulations is not good enough. Why do you say that? What makes this not as good as some of the others?
There is a major sense of security trading with regulated brokers, but I would say that it doesn't necessarily mean they provide outstanding services more than some unregulated ones. I think it would be best to get reviews on brokers, test their demo, read about them and check if they match your style of trade.
Yeah, it's much important that only trade with regulated broker, now there are too many brokers with beautiful adversting and marketing, but anyways it's better to trade under regulated one.
Yeah true, good broker doesn't need advertising, better to read reviews and test platforms yourself rather thank bank on advertisings, fake bonuses etc.
Yeah, you shouldn't just go for what you see by advert, there could be more to it that we cannot see! we should watch out carefully!