2. As a new forex broker your first
challenge is to choose the right
forex broker. It isn't as easy as it
sounds and the whole searching
process might leave you breathless.
Due to enormous competition
between forex brokers, they offer
different features, exciting
capabilities and outstanding
advantages. However, along with
the exceptional features you might
find a potential weakness.
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3. The weakness I am talking about
here is whether your forex broker is
a regulated entity. Forex brokers
can be naughty and you might find
it difficult to withdraw your profits
if your forex broker is not under
some kind of authority supervision.
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4. Your broker is responsible for your
money, whether deposited or
profited. A Regulated forex broker
is under a watchful eye of the
regulator authority. In case
something goes wrong with deposit,
withdrawal or even with the
trading platform, you can
complain, sue or file an appeal
regarding your forex broker. The
regulatory authorities protect
forex traders against fraud, scam
and illegal trading practices.
Is Binary Options Trading Regulated