Premium accounts give clients access to a dedicated account manager, and access to faster servers if you trade with MT4 or MT5. 

Essentially, the broker acts as a market maker and sells the currency pair to you and not another trader.

Benefits of Trading with our BO Indicator: 

Any Forex brokers regulated by CySEC are required to state their five-digit licence number on their website, and we would advise anyone considering a particular regulated broker to confirm the licence information through the official CySEC channels.

Our main criteria are the quality of service and customer relations, and unfortunately, there have been cases when regulated brokers behaved unethically, and were blacklisted. Find more about this binary options scam. Definition of Binary Options As already stated above, every country or market area has a regulatory body for binary options trading. How they treat and define binary options varies from country to country. Definition of binary options in your country of residence is of great importance, as it defines laws and directions that apply as well.

Many think of it as of pioneer in regulations and best role model in binary options regulating. Another important regulatory body is CFTC, as it regulates US market that has a specific set of rules, quite different from European ones. The FCA can also set the minimum requirements and standards for products and services. It can also instruct companies to change their promotions and other offers if it finds that they are contradictory or misleading.

Due to the fact that the market is completely regulated and opening an online forex account is easy-peasy, the number of traders in the UK is growing by the minute. Still, the fact that the there is a lot of interest, has always been a magnet for shady characters and companies who try to attract possible traders and convince them that they are legitimate.

There are companies which offer forex trading and other types of online trading, often offering unrealistically high returns and even guaranteed profits. Such companies often offer better exchange rates than most of their competitors and many customers initially make some hefty profits.

By then it is usually too late. The FCA makes attempts to identify and then prevent such websites from offering trading services to UK citizens. In many cases the fraudsters will use the name and the registration number of actual certified brokers in an attempt to convince potential traders. This is ironclad with regulated brokerages.

There are many services offered by regulated brokerages over non-regulated FX brokerages. We have listed 5 of them above, and these are the most important components of Forex trading activity. Unregulated brokers make spurious claims about guaranteed returns on FX trading activity, perhaps even offering generous leverage, margin and promotional offers to clients. These often come at a cost — the clients cannot cash out, or the trading platforms do not close out positions at the required trading values.

The biggest pitfalls with unregulated brokerages include their unwillingness to pay out, faulty trading platforms, shoddy customer service, and non-compliance with any legal framework.

As a blanket rule, UK clients are advised to avoid all unregulated Forex brokers. How to Find Regulated Brokers There are several ways to find fully licensed and regulated brokers, including the following: This company has already conducted the legwork for clients wanting to trade Forex online. It is an internationally credible platform for reviewing the services of regulated Forex brokerages. Regulated brokers work hard to maintain their licensing and regulation status with the respective agencies in question.

Contact the customer support department via the live chat, email, telephone, fax or land-based contact information. Speak to the customer service team about wanting to get your money back from them. Always ask to speak to somebody who can help you with your query, such as a supervisor, or an account manager.


How to Choose a Forex Broker 

How can the answer be improved?Tell us how.

Regulated Forex Brokers – Your #1 source for comprehensive directory and list of regulated Forex brokers! Forex Regulations are . 23 rows · List of US regulated Forex brokers. Find the right broker for you . 

More Info

The list of FCA UK (former FSA UK) registered and regulated brokers:

All US forex brokers (including the introducing brokers) must be registered with the National Futures Association (NFA), the self-regulating governing body that provides the regulatory framework to ensure transparency, integrity, abiding of regulatory responsibilities, and protection of various market participants. Requirements for FSA regulated brokers. Forex brokers regulated by the FSA are required to meet a number of industry standards and requirements, in particular: Ensure about the quality of the bank in which clients funds will be held, and, more over, continue to monitor that quality to be able to fulfill own regulatory obligations.

Regulated Brokers Below is a summary of some of the Forex Industry’s regulated Forex Brokers. To view their regulatory commissions, simply click on a Broker and scroll down to the additional. Our list presents the best regulated Forex brokers who work on the Forex market for a few years.

More Info
© 2018