Liquid validity: nice reply here but not sure that you understand regulation in full!
Even if the broker is not regulated it does not imply he is cheating or he is illegal?
Offshore brokers do have responsibilities to the financial authority body where they reside or the bank that issued them license to hold clients funds. If they are not allowed to hold clients funds then they are illegal by default! (lot of these broker schemes exist).
Do you think that registering a broker dealer to hold client funds is an easy process? do you know anything about Anti-Money Laundering and Counter-Terrorism Financing Act, KYC, World Check, Segregation, etc.?
Is being a while since I wrote something on Trade2Win, but I have always been a good friend with Management.
Stops are for buses is catchy, I am glad you like it.
Thats why they register in places like the BVI - as none of that
applies or is so lax it may as well not exist.
No one is saying a UK or USA registered broker can be unregulated.
Thats the whole point, they advertise a UK address (virtual office P.O box).
Somewhere in the fine print, the company is registered in the BVI or similar,
hence outside of the jurisdiction of the regulation bodies.
Do you know anything about the current state of affairs regarding
the surge in binary options brokers, and the way they operate?
I know plenty about regulation, and the loop holes that allow firms to escape regulation...