Best US Brokers

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@Phonix

is regulation a very important factor?

yes - it’s the single most important factor there is

with proper (e.g. FCA or ASIC) regulation, everything else is correctable; without it, nothing is

@Phonix

can lack of regulation cause cause a problem?

yes, and it’s likely to

this explains why:-

Choosing broker

firstly it gives you safety of funds - regulatory bodies usually require brokers to hold client funds in segregated bank accounts, and never use those funds at any given time for their own operations, and in some countries investor funds must be insured so as to guarantee reimbursement in case the broker goes under (it happens!) secondly, transparency: regulated brokers tend to provide honest and transparent services because there is a body that oversees what they do, and this can prevent iden…