You are right.Especially the US and UK regulated brokers.When choosing a broker there are many criteria. According to my trading experience I will be looking for in a broker if they are regulated or not. Because regulated trading broker always ensures security of funds at any deposits with a wide range of trading technologies.
Until you make 4-5 decent withdrawals where they will be forced to pay you from their pocket (if its a market maker). Real issues will surface after you will interfere with their big business with your smart activitiesI think there individual threads for most of the major brokers. The comments are generally mixed. I don't think you really know for sure how good a broker is until you use them
They are pretty famous if u ask me, but not from the good sideIron FX are not much famous in forex trading . I want to say some one should do trading with trusted and well known broker. Because their actual amount should be safe with broker. One should open account with any broker to see their reliability with less investment.
ASIC is not so better than CySEC. CySEC behave differently with large brokers. ASIC kinda new and has very limited number of brokers under their regulation. I trust FCA over both of them and ECN trading platform. My account is under FCA Tickmill, and I don’t have to worry about the broker, I can spend more quality trading time and be free psychologically.I feel we simply complicate things for no reason at all. Why can’t we just go for broker that’s properly regulated? I see too many people talk about my broker is regulated or all that, but they hardly talk about where it is regulated from. Most companies now days are running on offshore regulations and have some fairy tale bonuses, it’s the ideal recipe to make newbies invest and the results are far from difficult to predict. I have massive liking for Australian based brokers. Right now as well, I am with FP Markets which is regulated by ASIC and is an Australian based company. There is no bonus or even any type of freebie you could talk about, but I don’t need it especially if I am given choice between genuine service and market marker.