Article The Importance of Regulated STP Forex Brokers and How to Avoid the Bad Ones

T2W Bot

Staff member
1,500 117
Looking for the right Forex broker has been a task that many of us have loved and hated. Sometimes we find the right one pretty much straight away but at other times we struggle so much that we simply want to give up. The problem is that there is so many different Forex brokers out there such as ECN, STP, futures, options and so on. The sheer volume of them available for every sector can become the obstacle in actually finding one. Despite all this however, there is only one type of Forex broker that we should all look for – a business partner.
Business partners tend to have each other’s interests at heart and they both agree on the final outcome of the project, whatever it may be. The final outcome is usually related to profit and the same applies here.
This is why you must ensure that your Forex broker is regulated. The reason why is ‘security’. You need to feel safe that your business partner is honest and if they are not, they are being watched over with a careful eye by the...

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redtag12

Active member
153 3
STP Brokers.

Scant detail here but a useful article,however prehaps the author would like to give us traders a list of brokers he knows pass the trades to the interbank Market,if indeed he knows for sure of any.
Regards Mike.
 

Thunderstorm

Junior member
15 0
Re: The Importance of Regulated STP Forex Brokers and How to Avoid the Bad Ones

"The regulator is your security blanket."

I had a really good laugh reading this. The author should go back to school, study again, and come back to this board and explain to all of us how the MF Global bankruptcy happened and how the REFCO bankruptcy happened and how the PFG Best bankruptcy happened and why the FCA is almost fining every single day one broker or the other. Stop this fairy-tales of an "all mighty" regulator. It´s misleading and dishonest!
 
 
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