Why we should use regulated broker.

Discussion in 'Forex' started by forexse, Mar 26, 2011.

  1. forexse

    forexse

    What is the different between regulated and non regulated broker.
     
  2. One is a liar and a thief & the other one is a liar and a thief.
     
  3. forexse

    forexse

    I like t your answer.:) :) :) :) :) :) :) :) :) :)
     
  4. Non-regulated brokers still don't follow the 25k rules correct? My assumption is they're not insured?

    Anyone know of any that still exist? I thought most remained overseas.
     
  5. Non regulated = Can walk off with your money and they have no rules
    Regulated = Lots of rules, fund segregation and peace of mind
     
  6. lol...yeah Refco was segregated...Everybody lost their money to the creditors...

     
  7. Pippi436

    Pippi436

    No, Refco FX was not - it was offshore (as opposed to their futures business).
     
  8. forexse

    forexse

    I think ElectricSavant is right non of them give you money back if they go Bankruptcy