Tag Archives: Regulatory regime

VFSC – Vanuatu Financial Services Commission Vanuatu is a well-known offshore financial center. Lots of forex brokers have a registration in this country. The main advantage – Vanuatu is a tax haven.  There is no income tax for both brokers and their clients. Many successful traders and hedge funds benefit from the services of brokers licensed by the VFSC – Vanuatu Financial …

FSC Bulgaria – Financial Supervision Commission Bulgaria Bulgaria is a member of the European Union and recently many companies from all over the world have decided to obtain registration and license from the FSC Bulgaria. They have been attracted by lower taxes for companies offering financial services – 10% only. According to information we have, a lot of brokers with …

CySEC – Cyprus Securities and Exchange Commission The Cyprus Securities and Exchange Commission (CySEC) is the financial regulatory agency of Cyprus. There are several hundred forex brokers authorized and regulated by CySEC. Quite often the commission imposes fines of around half a million of euros or even more. If a client of some licensed broker is accused of using inside …

You should only choose a regulated broker as they are obliged to obey and follow mandatory measures, which are set out by specialist agencies and not by the broker themselves. These agencies are established either by the national government or by other specific public authorities. These agencies are also responsible for the license that the broker needs in order to …

Don’t forget that a user-friendly trading platform is also a very important condition for the broker to be worth your attention. If the broker uses complicated software, it will be disregarded by most traders, and especially the beginners. Of course, any experienced trader will first check out the software’s reliability. Today, customers are more demanding towards their broker, and also …