Global Broker Regulation Inquiry App
WikiFX
ritzyshona 
1-2 years
What advantages do regulated brokers have over OTTMarkets?
Broker Issues
Regulation
07-30
United States
WikiFX
Reply
Regulated brokers are required to follow stringent rules, including separating client funds, providing compensation in case of broker insolvency, and offering transparent reporting. These protections are in place to ensure that traders' funds are secure and that brokers operate with fairness. In contrast, OTTMarkets, being unregulated, offers no such guarantees. Personally, I feel much safer trading with a regulated broker, as it ensures accountability and customer protection in case of issues.
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