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  1. #11
    Standard Member Array daniuwei's Avatar
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    The first place I would go to checkout whether they are reliable or not is FPA.

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  3. #12
    Standard Member Array zamanfx's Avatar
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    Quote Originally Posted by firmanta View Post
    Hi all,

    I see that now so many broker that have been show up now. Some are regulated and some are not, so are a regulated broker is absolutely a trusted broker or not? What we should choose from a both of that
    You should always choose a broker who is regulated and a Straight Through Processor (STP). There is no reason not to. You are after all trading with your hard-earned money. You want to make sure your broker complies fully with regulations and do not trade against you.

    I think trust is subjective. Common sense tells me that between a regulated and a non-regulated broker, I would choose to trust a regulated broker.

    There are many well-reputed brokers in the market but personally I am using FXPRIMUS as my trusted broker. They are a STP and has so far provided good trade execution. They also provide services such as coaching and SMS trade calls which can greatly shorten the learning curve of a new trader.

  4. #13
    Diamond Member Array alify's Avatar
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    Quote Originally Posted by firmanta View Post
    I quite agree with you, it because there's no guarantee that a regulated broker will always keep clean and be a trusted broker. So beside just see the regulation of its broker, it will be more better if we looking a broker that have been well known among the traders.

    Really? I never heard anything like that.
    Yeah, but i have get regulated and trusted broker, i get comfortable service from my broker now, InstaForex is my choice.

  5. #14
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    Quote Originally Posted by alify View Post
    Yeah, but i have get regulated and trusted broker, i get comfortable service from my broker now, InstaForex is my choice.
    So what regulator that regulating insta???
    I never heard any of it

  6. #15
    Standard Member Array zamanfx's Avatar
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    Quote Originally Posted by JamieFX View Post
    So what regulator that regulating insta???
    I never heard any of it
    Haha, that's a good one JamieFX!

  7. #16
    Diamond Member Array Gaban's Avatar
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    I will choose both of them, and i also will choose broker who give me comfortable service so i can get comfort in trading and be more focus when trading.

  8. #17
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    Quote Originally Posted by Badger1976 View Post
    Always go with a regulated broker. I was with world spreads when they went under and if it wasn't for the fact that they were regulated by the FSA I would have lost a lot of money.
    Hi
    What proof did you provide to FSA about your account? Emails from the broker,about account opening ?

  9. #18
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    pfgbest was regulated correct

  10. #19
    Diamond Member Array Gaban's Avatar
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    To determine whether the broker is trusted or not, we can see from the number of clients who use the broker. If many clients who use these broker, it's a reliable broker, because it is not possible for a trader will be trading with a scam broker.

  11. #20
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    Being regulated and being trusted are two different issues. If you want a broker that is reliable, find out which brokers have the Big Dog accounts such as Dukascopy which is my broker. They are the largest and I don't have any problems and I have been doing this for a long time.

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