Is this a serious question?Why regulation?
So you don't have any Bitcoin then? As that is unregulated........Is this a serious question?
It is completely obvious why any trader would want to use a company that is regulated because if they don't then any money deposited with a non regulated broker is not protected.
There have been thousands of cases where non regulated brokers have kept money belonging to their supposed customers with no regulating agency to hold them responsible and therefore the money is never returned.
Based on that history it would be idiotic to consider using any company that is not regulated.
Why would I need to when I can trade BTC futures with a regulated broker and therefore know that my money is protected?So you don't have any Bitcoin then? As that is unregulated........
Of course it does, robbing a bank has a very high reward but so is the risk. With 90% of traders likely to lose money anyway, what is the point in increasing it to an almost certain 100% by using unregulated brokers?Everything has risk attached.
is complete rubbish.Regulators are not there to protect retail traders.
Vested interest?? I just have an interest in broker talk, I find it interesting.Of course it does, robbing a bank has a very high reward but so is the risk. With 90% of traders likely to lose money anyway, what is the point in increasing it to an almost certain 100% by using unregulated brokers?
Are you really saying that it is better to “Gamble” on using non regulated brokers and just hope that they are not criminals or engaged in malpractices to fleece their clients than use regulated brokers where doing so would result in criminal prosecutions and deposited money being protected?
It is very recent that everyone was getting spam emails about how easy it is to make money from forex with links to unregulated brokers that kept all the clients money, many of which came from Israel.
Last year I posted on this thread CryptoCurrency Scam Adverts - Post Your Experiences Here the scam emails for Bitcoin which again all had links to unregulated brokers who kept all the money that people were sucked into getting involved with.
This simply cannot happen with regulated brokers without them being subject to major consequences.
Your posts show you clearly have a vested interest in pushing non regulated brokers so is that because you have a commercial interest in doing so?
It is also noticeable that many relatively new members of this site are also doing the same. All of you keep pushing the same unregulated brokers which probably means lots of multiple identity registrations with the same agenda.
is complete rubbish.
The front running by brokers in the Jan 15th 2015 CHF currency crisis where they were stalling their clients from being able to get out of trades resulted in many retail traders being compensated at a later date but only those that were using regulated brokers. One thing is certain there was no compensation for anyone using unregulated brokers who were doing the same thing.