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One of the most important criteria is the fact how the functioning of a forex broker is regulated and in which state. Not all countries regulate forex trading in the same way, there are different specifics and regulations for registration.
Beginners and experienced traders should choose a forex broker registered in a state where the operation is controlled by a specialized agency. It is also worth finding out whether the company's activities are regulated offshore or not, because in the first case, registration requirements are more liberal.
Traders need to know how the broker's activity is regulated, to have a complete understanding of the trading regulator.
Choosing a broker for a trader is always an important step. the success of a Forex trader and the safety of money will depend on this. And so here https://tradersunion.com/brokers/forex/ you can find a quality review of regulated forex brokers. it will help you make your choice