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[QUOTE="Rookery, post: 266025, member: 73848"] For most of us, regulation directly relates to security. Therefore, we don’t even look at the unregulated brokers or the attractive deals they have to offer. This psychology of most traders is enough for brokers to get regulations because ultimately every broker wants to expand their customer base and attract more and more clients. Moreover, getting regulations is not an easy task. Brokers have to complete so many formalities like preparing documents, paying fees and maintaining a certain amount of operating capital etc. The whole process may take up to six months and a broker working for it clearly shows how serious they are about their business. I don’t think any of the best regulated forex brokers would want their licence to get cancelled. [/QUOTE]
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