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Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Discovering Seychelles Regulation for Forex Brokers
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Testimonials Category
Account Number: (8888427xxx)
Feb 4 2023
I feel confident trading on the broker's platform. This is not only because the broker provides the most reliable platforms:
1) MetaTrader 4
2) MetaTrader 5
But also because HYCM has a license, which confirms its reliability.
In some HYCM reviews, broker's clients describe the organizations which issue such licenses, but I don't understand what this is about. I don't know the peculiarity of financial organizations that issue licenses and monitor brokers. For me it is enough to know that my broker has a license, which means he is honest with its customers.
Account Number: (105xxx)
Dec 16 2022
a company with regulation, I find them very reliable.. they have bonuses, free tutorials. As for the assets, they offer a huge range of them...
Dec 2 2022
Multiple Regulation These guys have been obsessed with regulation way more than I do, and I tend to be very picky in those terms. Not surprisingly, they are one of the most trusted brokers out there. The thing I really love about the platform is they offer physical shares and you can buy them fractionally.
Account Number: (55500xxx)
Nov 24 2022
Good broker for both newbie and experienced traders - offers solid trading conditions with good execution speed. Plus having neteller as one of its funding options has made my withdrawal experience much easier.
Dec 23 2022
Brokers are very not recommended! Okay, here's my problem. So I opened a new account with HFM, had a minimum deposit of about $100, so I deposited $110. But then I realized that they don't offer much leverage or copy trading due to my country's regulations. So I asked for a refund and he wrote that I have to wait 10 days. It's been 16 days but my money hasn't come to me yet!
Nov 25 2022
I want to know how much is the minimum lot on the raw spread account of IC Markets. I was looking for a good broker to start my trading journey with. So far I have found three brokers under ASIC regulations that suited my needs and IC Markets is one of them. However, considering I am still a new kid here, I want to start trading small lot first. I think it is the best way for me to mitigate the risk. So, if anyone could tell me all about it, that would be great.
Nov 8 2022
What I love about TriumphFX is their deposit and withdrawal are super smooth. As far as I know, I never had any problems with it. It is always so instant and quick, like a snap. From what I know they are in Tier 2 license with Cysec for retail forex trading and regulated with FSA Seychelles for a fund management license. That means I can earn passive income with the PAMM management system. I haven't actually written a review about it. But this is a different thing altogether and I think I should write it some other time in a more detailed manner.
Nov 6 2022
As far as I know, Admiral Markets has several jurisdictions, right? Each of them is regulated by different entities as far as I remember. Now, I know that the Australian is regulated under ASIC and the UK Admiral is under FSA right? But, I am from neither. Which jurisdictions should I apply to? Will my account be regulated under Seychelles? I also know that there is the global Admiral, should I apply to this one? I am from Canada by the way.
Sep 2 2022
Is FXTM safe? I know that trading is a very risky activity. I don't want to be even more anxious about my safety, that is why I want to make sure the broker provided some way to protect me as a client. Some of the things I consider are insurance and segregated funds. Do these available in FXTM? if yes, then where can I read more detail about it?
Sep 1 2022
IC Markets has one of the quickest and the best deposits, I'll give them that.
BUT
Their withdrawal is a whole different story. They give you many excuses why they decline your withdrawal and say they follow rules by regulators. For some reason, the same rules do not apply to deposits. Hmm, what a weird coincidence! Can someone please tell me which regulators allow brokers to hold their client's money like this?