Regulation and Security - Forex Broker Testimonials
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Articles
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Exness Sets High Security Standards with PCI DSS Compliance
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The Regulation of FSC Forex Brokers in Gibraltar
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Comparing CySEC Vs FCA Regulation
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Ensuring Safety, FBS Strengthen Its Security System
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UK FCA Vs CFTC: Which Forex Trading Regulation is More Credible?
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What Does VFSC Regulation Mean for Forex Brokers?
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FX Regulation: Unveiling The Dark Sides of the Restrictions
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Forex Regulation Insights: Defining Your Broker's Status
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Celebrating a Decade, TMGM Delivers Solid Trading Security
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FBS Leads the Way in Platform Security: Introducing the #TradersKnowBetter Approach
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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.
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.
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?
Does FXOpen provide insurance of some kind? The reason I ask about this is that I just experience fraud from my old broker. I suffer a loss that wasn't my fault, rather it was because of their technical mistake. I wonder if this broker will provide some sort of protection for their traders if something unexpected happens that causes a huge loss?
If you are from the UK, be careful. This broker didn't even bother to tell their clients that they will register them with a company in Seychelles called Raw Trading. Yes, it's not even the FSA. If you have a problem with this, I suggest you be careful. I didn't say that Seychelles regulations is bad, but I just find it odd that they didn't make it clear.
Jun 6 2022
I don't understand why IC Markets only use one-step login while other brokers utilize two steps authentication. Are there any reasons to do this? If I have to be honest, it seems a little unsafe, especially for someone who likes to trade a lot. What kind of security measure does IC Markets uses to protect clients' accounts?
Is my money safe in IC Markets? I recently just got scammed by a broker where they don't let me withdraw and wouldn't let me get any profits. That is why I need to be strict with my new broker. I want to try IC Markets because I heard that this broker has been regulated by good institutions like ASIC. But, what does that means for my fund safety?
What I know is that IC Markets were regulated by several regulating bodies. While most people know that IC Markets is operated under ASIC and FCA not many people understand that this broker is also operated under Seychelles. Does that mean my account will be under the Seychelles protection if I don't come from Australia?
May 30 2022
I am not too sure about IC Markets, although I know that they operate under good regulation bodies such as ASICS. But I know that it has no negative Balance Protections. How would they protect the money that I have deposited under my trading account? A lot of brokerages have been providing these features, why do IC Markets didn't?
What kind of regulations do Blueberry Markets register with? I understand that they have been regulated by ASIC. But I am not an Australian trader, so I wonder if they are actually regulated by other regulations bodies as well, especially from someone outside of Australia for me. Second of all, what are the best deposit and withdrawal methods to choose for someone who isn't live in Australia?