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That's right, no one will withdraw $100. But it's not good to pass off Cent accounts as real ones either. They can't see the banks anymore.
You just don't know how to cook them.
There can only be one claim against the DC - improper execution of orders.
As if these fat regulated cats are better at following orders.
Right!
That was never the point.
The more licences and regulations a DC has, the more overheads it has to pay.
To get a license even in an offshore location, we have to pay 15K a one-time fee, set up an office, pay salaries to employees and then pay 5K a year to have a screen of the license on the brokerage company's website.
It is the same with regulation.
Who will be charged in the end? The traders!
That's why a broker should be cleaned with intelligence, not by the number of regalia! )))
That's why a broker has to be cleaned with his mind, not by the number of regalia! )))
Well, you can't do it without evaluating the regalia. Otherwise you might "choose" such a broker that tomorrow instead of your personal account you will find the page 404 :)
Although I would not consider the existence of a registration with a "civilized" forex regulator as an advantage, first we have to find out what these "daddies", who know better than anyone else what they can and cannot do, just because they have power and need to justify somehow their jobs and high pay, have decided to prohibit, such as trading with speculative leverage, the possibility of "hedging" deals, real floating spreads and other natural things for traders (but not for government officials)
Right, no one will withdraw $100. But it's not good to misrepresent Cent accounts as real ones. They don't see the shores at all.
It depends on how you look at it. The broker's job is to provide the most comfortable conditions for trading, including on cent accounts. They are the least bothered by the problem of meta-quotes recognising cent accounts in the "signals" service. It's not their problem. There's one broker that has cent accounts that are exactly the same as the real ones, spreads, slips, quotes...everything is the same. Even the server is the same. Only the balance is measured in cents and there is an opportunity to make trades with a smaller lot. And this is very handy for working with strategies that require a lot of capital.
The local signal service recognised these accounts as real. Many unscrupulous providers took advantage of this. Now this broker's accounts are not monitored here at all. But trading on these accounts has not become less convenient.
It depends on how you look at it. The broker's job is to provide the most comfortable conditions for trading, including on cent accounts. They are the least bothered by the problem of meta-quotes recognising cent accounts in the "signals" service. It's not their problem. There's one broker that has cent accounts that are exactly the same as the real ones, spreads, slips, quotes...everything is the same. Even the server is the same. Only the balance is measured in cents and there is an opportunity to make trades with a smaller lot. And this is very handy for working with strategies that require a lot of capital.
The local signal service recognised these accounts as real. Many unscrupulous providers took advantage of this. Now this broker's accounts are not monitored here at all. But it has not become less convenient to trade on these accounts.
Yeah, it's hard to envy subscribers, you have to check everything a thousand times
In any business where you invest your money, you have to check everything a thousand times.)