Features of evaluating the reliability of a forex broker

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.