Is it safer to use a regulated foreign broker or a local broker in your country?

[Bambang Sugiarto]

This question discusses the comparison of security between foreign brokers regulated by international authorities and local brokers supervised by local regulator, particularly in terms of legality, investor protection, and potential risks for local traders. What do you think?

Edited September 17 by Bambang Sugiarto

[arabitech]

Better depending on the trader's research and risk profile to check which broker suits best to their trading needs. Some prefer going to offshore brokers for trading while some stick with the local, its totally up to them.