When we talk about one of the most strict and riskiest businesses or markets globally, maybe the FX market comes first in our minds. And there are many different reasons behind that, but one of the most vital reasons is the selection of the best regulated forex broker. Right?
If you also have been worried about regulated forex brokers that which one should you choose, then your worry and doubts will vanish at the end of this article. Can’t believe it? Then read this article thoroughly to know about the best regulated forex brokers in 2021:
IC Markets broker is one of those brokers that are famous for their transparenecy. Due to their transparency, many people are selecting them as their brokers in FX and CFD trading. It is regulated by the Seychelles Financial Services Authority (SFSA) and the Australian Securities and Investments Commission (ASIC).
They are one of the most reputable security authorities in the world of FX trading. IC Markets is a well-designed and completely built trader for beginners. It has some drawbacks, but as a beginner, you can avoid them at the start of your career (if you are a beginner).
eToro is a regulated forex broker, but another good thing about this broker is its award-winning broker. And thankfully, the category of that award is the ease of access. Because using eToro, traders are always able to get access to everything they want and they should.
eToro is regulated by FCA (Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission), and ASIC (Australian Securities and Investments Commission). It means that you can trade with this trading broker without a single doubt of safety and security. Because all of these financial security authorities are responsible for your money and assets, they are best at their work.
BDSwiss was established in 2012 and is a registered brand of BDSwiss Holding Ltd, which is controlled in Seychelles by the Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC), and by the Mauritius Financial Services Authority (FSC).
BDSwiss is one of the best brokers that started their journey in recent times, especially in Cyprus. Cyprus is somehow a hub of the FX market and especially a complete FX and CFD brokers industry. So, if a broker is reputable in Cyprus, it means that it is reputable in almost every region and FX market of this world.
FP Markets is officially regulated in Australia by ASIC (Australian Securities and Investments Commission). And we all know that Australia is one of the biggest hubs of the FX trading market. And it also owns a company First Prudential Markets Ltd, which is completely regulated by Cyprus Securities and Exchange Commission (CySEC).
Pro Tip (Conclusion)
Almost every regulated broker offers a demo account so that you can test it whether it is of your type or not. SO, do exactly what these brokers want from you and test them with their demo account. This is how you can compare your trading style and strategy with your selected regulated forex broker to determine whether it is good for you or not.
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