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Brokers, CySEC certified
When choosing a brokerage company a lot of traders pay attention to exactly who regulates the activities of the organization. The fact that some companies prefer to work with defined financial market regulators, the second forced to do, due to their registration, and still others do not want to have anything to do with the regulators.
It is not strange, but all these options are possible, but the trader always safer to work with a company whose activities are controlled by major financial regulator, which has powers to affect the broker. Unfortunately, not always the organization has a governing functions, committed to helping traders. However, it already another story altogether, and now refer to the activities of CySEC.
Cyprus financial regulator CySEC, which You can read here, is a respected European organization. All companies registered in Cyprus, and also have a business in the island nation, controlled by CySEC.
A large number of brokerage companies operating in the binary options market and Forex, dealing with the Cypriot regulator has all the powers of the European "observers". Most major brokers prefer to work with several regulators in different countries.
For example, among the Forex brokers with CySEC you can meet the following companies:
• Roboforex
• EXNESS
• Forex Club
• Fibo Group
• FXpro
If we talk about the binary options brokers here are some examples:
• 24option
• OptionTime
• OptionBit
• TopOption
• Grandoption
Often brokers whose activities were controlled by CySEC, choose the traders with experience who do not wish to trust their money to questionable companies. European inspires confidence, which sometimes becomes the main reason for choosing the organization, which is controlled by the FSA or CySEC.
If you want to check whether the broker You are interested, the attitude to the Cyprus financial regulator, just view the special registry referred to in CySEC review. In addition, a brokerage organization trying to hang the logos of the regulators we work with, in prominent places of their websites.
Of course, it is safer to trade in those companies that adhere to certain standards and rules established by the competent authorities. If you are working with a small amount of money, traders rarely pay attention to different kinds of certificates and licenses, if you use big capital, this question is becoming urgent.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 252
| Rating: 0.0/0 |
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