Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

Originally posted by fxlots

Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

 

 

Thank you very for answering this query.This is very helpful to other new traders who are looking for a good broker.They should always include this criteria when choosing a good broker.

Originally posted by fxlots

Guarantee, reliability, trust and legality compliance. 

Being regulated means there is a regulatory body which is linked to the Government usually oversees their actitivies.

The body applies laws over them, has the power penalise them or investigate them if there is a major complaint about them or they detect some illegal activities taking place within such a broker or any of their staff members... etc. 

Hope this answers your question.. NEVER trade with an unregulated broker

 

 

Originally posted by rrayne20009

Hey guys!Just want to ask what are the benifits a trader gets from a regulated broker.

Answer to benifits of trading with regular broker is already given. 

There is one more thing I want to add which is to further evaluate regulation. Regulation with some Top regulatory authorities like CSEC, FSA, FIRA, SEC (USA) and ASIC etc provide much higher safety level 

which one of the regularity authorities mentioned is the best ?

Originally posted by mohammedzaydon

which one of the regularity authorities mentioned is the best ?

 

Originally posted by Champ

 

Originally posted by rrayne20009

 

Hey guys!Just want to ask what are the benifits a trader gets from a regulated broker.

 

 

Answer to benifits of trading with regular broker is already given. 

There is one more thing I want to add which is to further evaluate regulation. Regulation with some Top regulatory authorities like CSEC, FSA, FIRA, SEC (USA) and ASIC etc provide much higher safety level 

 

I know ASIC is for Australia,what about FSA?

FSA (Financial Services Authority) is the UK financial regulator, i think its changed its name now to FCA (Financial Conduct Authority) so both are UK.

Whats FIRA? it sounds like a move in the Final Fantasy games 

It's a big advantage that we trade in a regulated broker because we have an assurance that our money will not be wasted and scammed.And it's advantage that money are segragated.

Originally posted by dianayes

It's a big advantage that we trade in a regulated broker because we have an assurance that our money will not be wasted and scammed.And it's advantage that money are segragated.