5 Key Benefits A Regulated Forex Broker Delivers

 5 BENEFITS OF CHOOSING A REGULATED FOREX BROKER

The Forex market is the biggest and most liquid market in the world valued at $2.4 quadrillion with daily trading volumes reaching as high as $6.6 trillion dollars. With a Forex broker regulated by MAS with competitive spreads, you’ll be able to tap into a world of possibilities to capture opportunities and make profits safely.To get more news about cffex regulated forex brokers, you can visit wikifx.com official website.

While Forex is indeed exciting and unique, choosing the right broker can be confusing with all the options available in the market.

However, when choosing your broker, you shouldn’t just pay attention to only the spreads or commissions you are paying, but also if the Forex broker is properly regulated.

Choosing the right broker can mean the difference between if your trading funds are safe or are at risk. A regulated broker is one whose activities are monitored and controlled by a local regulatory authority to prevent any fraudulent activities or excessive risk-taking by the broker.

In this article, we will go through the advantages of choosing a regulated Forex broker to trade the world of currencies.

5 Key Benefits A Regulated Forex Broker Delivers
1. Regulation By The Monetary Authority of Singapore (MAS)
MAS is a top-tier financial authority whose primary goal when it comes to regulating Forex brokers is to keep traders safe and give them a peace of mind.

Brokers regulated by MAS are required to ensure that the money of retail clients are kept safe in the event of a broker collapse or liquidation.

Measures have been taken to ensure the financial stability and health of the broker as well as making sure that no client money is used for the firm’s own business activities.

When choosing a Forex broker in Singapore, ensuring they hold a Capital Market Services (CMS) license issued by MAS is key.

It ensures that the broker follows a set of strict regulations from MAS that helps to protect traders and investors.

2. Your Trading Funds Are Safe, Secure & Segregated
As a client, the last thing you’d want is your trading and investment funds to be at risk.

As a regulated and licensed Forex broker, one of the requirements is to have segregated financial accounts that separate the clients’ funds from your own business funds.

This helps to ensure that in the event a broker faces difficulties, investors will be able to withdraw their money and not lose their funds in that event.

Investors will be able to withdraw their funds without any risk, whenever they want.

Regulated brokers will have to hold separate bookkeeping for the segregated funds as well as part of the regulatory requirements. This helps to better keep track of where the funds are, allowing for the prompt return of clients’ money should a liquidation event happen.

3. High Credibility & Adherence To Guidelines
For MAS regulated Forex brokers, it is required that employees in the firm are qualified in the money markets and it is a requirement for brokers to provide a list of their employees and qualifications prior to opening their business in Singapore.

Additionally, brokers will also be required to provide information on their range of trading instruments on offer to clients such as Forex, futures, stocks or options.

Because of the strict guidelines, regulated brokers are also required to adhere to proper bookkeeping and accounting practices to ensure that their business transactions do not overlap with any movement of their clients’ money.

This means that not only are clients’ money safe and segregated, the company is also operationally stable and effective. This lends more trust to customers who deserve effective execution of their orders as well as a continuity of their trading experience without facing any disruption.

4. Transparent & Honest Trading Operations
Transparency of your broker is essential. This extends to making transparent trades as well as offering a comprehensive listing of their commissions and trading spreads.

This also means being transparent to the regulatory body, MAS, in their trading activities such as the margins and leverage being made available to clients.

Transparent operations also extend to the business practices of the broker. One that is regulated will ensure that their claims and offers are above board as most importantly not misleading to prospective clients and traders.

5. Superior Customer Support
While all brokers should aspire to provide the best possible customer service and support, regulated brokers are more motivated to ensure clients stay happy and satisfied with the service being provided.

评论

发表评论

此博客中的热门博文

Wireline Coring Equipment

 Wireline Coring Equipment This is achieved using an inner tube with a core barrel head incorporated with latches that lock into the adaptor and locking couplings at the top of the core barrel outer tube. The inner tube is lowered into the outer barrel through constant internal bore drill tubes (drill rods). It then locks in position by means of the latching mechanism but is able to rotate through the bearing section incorporated in the core barrel head. At the end of the core run a recovery tool (overshot) is lowered through the drill string on a wireline. This locates on the top of the inner tube and retracts the latches when the wireline is hoisted. The inner tube and core can then be lifted to the surface.Get more news about Wireline Stop Ring ,you can vist our website! This technique has considerable advantages over conventional coring as the drill string does not have to be run in and out of the hole at the end of each core run. The wireline coring system has become the fav...
阅读全文

Special Issue "Radiation Shielding Materials (Volume II)"

 Special Issue "Radiation Shielding Materials (Volume II)" With the increased use of radiation across vast fields of work, it is necessary to also develop radiation shields that can adequately protect the bodies of workers and patients that come into contact with high-energy photons. Radiation shields, or materials that are used to absorb radiation, are necessary to properly attenuate ionizing radiation, which is defined as radiation that has sufficient energy to detach electrons from atoms. Long-term human exposure to ionizing radiation can cause permanent tissue damage, acute radiation syndrome, cancer, and death in extreme cases. Thus, to prevent these effects, workers and patients must be provided with efficient radiation shields that will lower the levels of radiation to safe enough levels.Get more news about  Shielding material ,you can vist our website! When deciding on a material to use to attenuate radiation, several specific aspects of application must be considered...
阅读全文

THE BEST GOLF RANGEFINDER FOR YOUR GAME

 THE BEST GOLF RANGEFINDER FOR YOUR GAME Knowing your exact distances on the golf course is crucial information that can help lower your scores through improved decision making. Distance measuring devices featuring GPS and laser technology have made this process much easier for golfers over the past decade. In this guide, we will explore which is the best golf rangefinder for your budget level and feature requirements.Get more news about Yard rangefinder Hunting ,you can vist our website! The good news for all of you is that the market has changed considerably in recent years. Improvements in manufacturing processes and the ability for companies to sell directly to consumers online has made pricing more competitive than ever. Golfers used to spend upwards of $500 – $600 for a laser rangefinder. However, that is no longer the case. There are plenty of models in the $150 – $250 range that will perform very well for you on the golf course. That’s not to say the premium models are not ...
阅读全文