myfx.zone - blog of a forex trader

Regulators ensure that forex brokers follow the law and meet minimum requirements to secure clients’ funds (e.g., keep their money in a segregated bank account so that they can be refunded in case of a broker’s bankruptcy). Regulators also make sure that brokers can provide a secure and transparent trading environment for traders and have sufficient resources to facilitate trading. Choosing a forex broker regulated by a strong watchdog in a country that has a rigorous legal framework can provide traders with an added layer of protection and peace of mind. Countries and regulators known for their strict regulatory framework: Financial Conduct Authority (FCA) – UK Swiss Financial Market Supervisory…