Which Broker to go with

Oct 19, 2017
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#33
Can someone explain how much important a broker regulation ?
Regulation is very important Peter! I would not recommend signing up with an unregulated broker in any circumstance, no matter how attractive any sign-up offers may seem. Protecting your capital at the source should be your biggest priority.
 

gerryg

Active member
Sep 9, 2013
915
8
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#34
Regulation is very important Peter! I would not recommend signing up with an unregulated broker in any circumstance, no matter how attractive any sign-up offers may seem. Protecting your capital at the source should be your biggest priority.
The time of unregulated and unknown firms has already passed. Competition always works in favor of consumer, now the industry is much safer which learned why they need to value a customer :)
 
#35
Regulation is very important Peter! I would not recommend signing up with an unregulated broker in any circumstance, no matter how attractive any sign-up offers may seem. Protecting your capital at the source should be your biggest priority.
Hi
I agree with you. Before opening an account with a broker, it must be ensured that it is well regulated by security, do not fall into the trap of the offer of bonuses that offers for an incentive to open an account with them.
 

gerryg

Active member
Sep 9, 2013
915
8
28
#36
Hi
I agree with you. Before opening an account with a broker, it must be ensured that it is well regulated by security, do not fall into the trap of the offer of bonuses that offers for an incentive to open an account with them.
I really heard some wonderful stories how people converted bonuses into casheable money but you have to be extremely confident and careful on risk management :)