I have a question about regulated brokers

Beginner Questions
1

Hi everyone

My question is about regulated brokers.

Do you have to go with a broker that is regulated in the country that you are from?

I am from the UK and I am currently with ICmarkets, after doing research they came as highly recommend. They don’t seem to be regulated in the UK does that matter?

Also after going even deeper into research I also read about fxpro and xtb because they are both FCA regulated i don’t know if I should go to one of them simply based on that or if I should just stick with ic

Thanks in advance

2

Hi, the most important is fact broker is regulated by a government, you can choose broker around the world, if IC markets work well for you, there is no problem to stay with them. Regards Greg

3

Thank you for responding! And your response has put my mind at ease