I have been demo trading with Dukascopy and was planning to open an account with it. But I found out now that they are actually regulated in Latvia. Is this ok ?
I thought they were from Switzerland, with strong and reliable regulation. But actually only Dukascopy bank is regulated from Switzerland. The Dukascopy Forex trading unit is actually a subsidiary of Dukascopy bank and is regulated in Latvia.
Is Latvia one of the countries chosen by brokers for its lax regulations ?
I do not know this broker bro, so you can be careful. Although this seems quite well-known broker. My advice do you have to keep trading with good management.