Tips for Choosing a Good Forex Broker

Hi, My name is Rian. Let me share forex article for today :)

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In this article we will look at some important tools that should be considered when selecting a good broker to invest and work in the forex market.

There control agencies that regulate the operation of recognized brokers, for example if you have chosen a broker located in North America, more specifically in the U.S. have the NFA (National Futures Association) www.nfa.futures.org mediating on customer complaints investors with regulated firms and Future Trading Commission CFTC Comoditie www.cftc.gov regulating trade exchanges and futures market.

Both companies act as vigilantes and guarantee transparency in the operations of the broker and a company that has captured alleged funds illegally from the public has been taken over by one of them or both and no longer exist.

In the specific case of the CFTC you can use the link www.cftc.gov / marketreports / financialdataforfcms / index.htm to find out the broker patrimonioneto and confirm if this exceeds 5 million, which then shows that has a further protection funds as well point out the directions of the CFTC.

To Europe, Australia and some Asian countries, other bodies such as the MiFID (Market in Finantial Instrument Directive) governing investment services to 30 states associated with the EEC (European Economic Community) and SFA regulatory organization organized according to the minutes financial services in 1986, which controls more than 1350 investment firms and futures markets that FSA has a regulatory system that monitors and regulates all forms of investment in these geographic areas.

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