in choosing a good broker does indeed need observation and also find enough information so that our choices do not disappoint.
1.. Regulatory ComplianceOn the U.S., a leading forex broker will become a member of the National Futures Association (NFA) and will be registered with the U. S. Commodity Futures Trading Commission (CFTC) as a Dealer Futures Commission and Retail Foreign Exchange Dealer. NFA is an independent industry organization for the futures industry in the United States. It develops regulations, programs and services to protect the integrity of markets, traders and investors, and to help members fulfill regulatory responsibilities. The CFTC is an independent government institution that regulates the futures market and commodity choices in the United States. The CFTC's mission is to "protect market users and the public from fraud, manipulation and abusive practices relating to the sale of commodities and futures and financial options, and to encourage futures and open, competitive and financial markets."Striking or professional websites do not guarantee that the broker is a member of the NFA or CFTC regulations. A broker who is a member of the National Futures Association and is subject to CFTC regulations will state this and the NFA member number on the site, usually in the "about us" section and on each web page. Every country outside the United States has its own supervisory body. Due to potential concerns regarding deposit security and broker integrity, accounts can only be opened with companies that are properly regulated
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