Big play by many brokers about the jurisdictions / countries where they are regulated.
Some will obviously be better than others, but it's easy to hide regulatory status behind "off the shelf" kind of places. Some of the remaining off-shore zones spring to mind here. Places like Lichtenstein, Panama, Liberia.
What's the consensus amongst forum members?
Are the "off-shore" zones safe havens for our trading accounts or only for the broker's?
Do the benefits of using a UK / USA or EU regulated broker for example outweigh any potential spread savings from the "off-shore" guys?
Interested to see people's responses here.
Thanks.
Some will obviously be better than others, but it's easy to hide regulatory status behind "off the shelf" kind of places. Some of the remaining off-shore zones spring to mind here. Places like Lichtenstein, Panama, Liberia.
What's the consensus amongst forum members?
Are the "off-shore" zones safe havens for our trading accounts or only for the broker's?
Do the benefits of using a UK / USA or EU regulated broker for example outweigh any potential spread savings from the "off-shore" guys?
Interested to see people's responses here.
Thanks.