Which is the safest between the forex brokers?

+2 votes
asked Nov 17, 2018 in Employment & Careers by costy (6,550 points)
Hi, I am planning to go into trading. Which is the safest between the forex brokers?

4 Answers

+1 vote
answered Nov 17, 2018 by fraddy (6,050 points)

When you ask which is "safest", I assume you mean which has least counterparty risk. This is the risk the the brokerage itself will go under and take you account with them and has nothing to do with markets. The good news is that over recent years regulators worldwide have begun to treat this  this type of brokerage much the same other financial advisors. Questions to ask:
1) Are you regulated?
2) How long have you been in business?
3) Will my accounts be held as segreggated funds.
4) How much transparency will be provided to me?
These are indication only queries and should not be substituted for proper due dilligence

0 votes
answered Nov 18, 2018 by poliq (6,220 points)

I believe majority of the suggestions here are pretty good and worthy of following. I feel safe when I can work according to my own wish. I am very happy with https://fx-list.com/ This website should help you find the most suitable Forex Broker to meet your needs and requirements.. They give me sense of security and comfort while have great benefits that counts for me comfort with them. It is important to look for broker that is high on both safety and facility, as that’s right combination.

0 votes
answered Apr 10, 2019 by inessa8 (5,940 points)
I think that you need to refer to official FX website
0 votes
answered Apr 10, 2019 by swipka777 (6,100 points)

I suggest using https://bolt-fx.com/ where is possible to find a reliable FX broker. You can find all the questions there because they provide help for all clients. They also have their educational center to know all aspects of trading.

98,443 questions

94,743 answers

1,270 comments

6,992,491 users

...