✅ Trade with our sponsor broker for this month: CoreSpreads ✅ Please like, subscribe & comment if you enjoyed - it helps a lot!
✅ Difference between Regulated vs Unregulated Brokers
Make sure to only trade with regulated brokers or CFD or forex providers. What's the difference between a regulated broker and a non-regulated broker and why is it better to stick to properly regulated brokers? It is always good to make sure the broker you are trading with is properly regulated by a reputable authority like the Financial Conduct Authority in the UK. This not only gives you peace of mind that you will be dealt with fairly by the broker but should the worst happen and the provider stops operating, your funds will be protected by the Financial Services Compensation Scheme.
This is protection against the ultimate black swan event. Why is this important? The risk of a default by a broker is very low but the risk is there. The FCA forces brokers to hold client funds separately; they can't use it for their operation or business overheads. If fraud is involved your funds will still be covered by the FSCS up to 85k.
⛓️ 🔗 Channel Sponsor 🔗 ⛓️
✅ Our channel sponsor for this month are CoreSpreads meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider
Sign up with CoreSpreads UK:
Sign up with CoreSpreads Australia:
📜 Disclaimer 📜
59.9% of retail investors lose money when trading CFDs with this provider*. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. * For the 3 months preceding September 2019
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