CHAPTER 2 - FOREX BASICS
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Forex Market Regulations
This one’s important to Dolly, because she’s used to holding people to standards in her job in quality assurance.
The forex market is for the most part, unregulated. Only when a broker has gone off the deep end will steps be taken. It’s always best to go with a registered broker, because that way you know what you’re getting into. If a broker is registered you can look at their disciplinary history, as well as their financials.
There’s no point dealing with a broker with no money, and if they aren’t registered you have to wonder why not. Since you’re playing with money it’s just safer to stick to a registered broker.