I think the two best brokers are Axitrader and IC Markets. IC Markets have better spreads and the cTrader platform, Axitrader is has less pairs and platforms but is still very good.
Thinkforex and Pepperstone and much smaller Aussie brokers and dont have as good reputation as Axitrader and...
Client money is also pooled by FCA (UK) brokers. The most important thing here is that client money is separated from the company money and held in segregated accounts, this is a requirement of both ASIC and FCA regulated brokers. Both regulators seem to have similar strict requirements...
I certainly do disagree that unregulated brokers are better than regulated ones. I will however say that brokers should be able to ascertain their clients exposure to determine the likelihood of a default in the event of a large market move or excessive exposure in an illiquid currency pair...
To be fair this is a futures company not a forex broker. In forex there is real time margin management and stop-outs. This does not really existing in futures, everything is manual. Also futures are not very liquid compared to forex. This is like comparing a banana to an orange and telling...
I have completely ditched Aramda markets their servers always crash and their support is not 24 hours. Im sticking to the Aussie brokers, they are better regulated and have excellent support.