Quote:
Originally Posted by KeithN  Is it a statutory requirement for FOREX Broker/Dealers in the US, UK and Europe to be registered with an official authority?
Which broker/dealers have segregated client accounts?
I thank you in advance for answers.
KeithN |
Hi KeithN,
If a broker holds funds in sergregated funds u dont need to care about the nitty gritty..WSD-NZ check these guys out. funds are held in segregated accounts so they are protected as required by the regulation of NZ ( i think just like oz)... otherwise u have to see if a firm is well capitalised or not, though thats always a great idea anyway. i just think segregated bank accounts are a big relief. This broker i know hold client funds in segregated accounts with different mainstream banks here in NZ.
BUt that should not be your only concern...try their live support as well..and their platform!!!! i think they have automated execution..which is cool..dont we hate dealer intervention..they offer a MT4 based platform so thts a plus too..but yea before you consider them u must check out their live/client support..thats a biggie!!
All the best
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