Forex broker and regulation - page 3
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There are lots of forex brokers, some of them are regulated while rest not. Is it needed for a broker to be regulated from financial regulatory agencies or firms? If a broker or agency is registered in a particular country where it is doing business. Is regulation compulsory in this condition as well?
1. Accept regulation only from USA (CFTC / NFA), UK, France, Germany, Japan, Singapore, UAE, India (SEBI) and Australia. All other regulation in small countries or island are useless
2. Choose ECN (1st Priority) or STP (2nd Option) broker only.
3. Check Deposit & Withdrawal method available for your location.
Rest all the brokers can be ignored.