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"Regulation ensures a sound and credible trading environment and security of your funds. Without it, it is like the Wild West. No laws, no ethics, no justice. An unregulated forex broker may lure you for depositing money through illusive marketing promotions and fake promises. Of course, they will treat you well as long as you make deposit and you don’t earn money. The moment you begin making money on your trades, you are going to feel that you are getting scammed with shady practices such as widening spreads, slowing down order executing time, slippage and more. Actually majority of the time, you will not even feel that you are being crippled by the Broker performing those unethical activities. \r\nForex brokers who are regulated by the reputable financial watchdogs such as CFTC in the US, FCA in the UK, ASIC in Australia, CySEC in Cyprus and FINMA in Switzerland are.."
<https://top10forexbrokers.co/?upage=3>