Don’t Lose Out

... Get Regulated

In the latest blog entry we discuss the importance of

regulation and as a financial trader why you should take

some time to consider your options ...

No one I have ever met likes losing or being taken advantage

of.

Whilst we know that financial trading includes a risk of loss;

the mere thought that you could lose part or your entire

portfolio as a result of financial irregularity or criminal

behaviour is not something anyone would ever feel happy

experiencing.

Regulation defines a set

of behaviours and rules

which the broker must

abide by in its day-to-

day business processes

and procedures

There are steps you as an independent trader can

undertake, to reduce the risk of encountering any

direct loss to your trading portfolio.

One of the ways you can achieve this is by

selecting a financial broker, who is regulated.

Broadly speaking, regulation defines a set of

behaviours and rules which the broker must

abide by in its day-to-day business processes and

procedures.

Once the broker proves they meet the specified

rules, they are usually allocated a membership

number from the regulatory body. You will also

find that brokers usually display details of their

regulation status on their website.

Once you acquire details of the broker's

regulatory membership you can obtain the

detailed requirements of the regulation and

subsequently verify with the broker how they

satisfy these rules.

Some of the criteria regulators have as part of the sign up

process include;

The way client monies are handled*

Conduct of the business*

Disclosure of Information*

Honesty and reliability*

* This list is not exhaustive

Finally, there are different regulators in countries all over the

world, and their rules and requirements will vary so it is

important that you satisfy yourself that the regulator rules will

be easily enforceable, by you, if and should the need arise.

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