What is a Regulated Broker?

It is an important first step to establish whether you have lost money to a regulated broker whether trading in CFDs, Forex or Stocks.

In order to determine whether you have it is important to understand what regulated means.

Regulated will mean that the particular broker is responsible to a body, typically a broker that services UK clients will be regulated by the Financial Conduct Authority (FCA).

However, from the £2million we recovered for our clients in 2021 we noted that a lot of brokers based in Cyprus that serviced our clients were in fact regulated by CYSEC , the Cypriot regulatory body.

This can be good news for our clients as it means that these companies can be held responsible for any wrongdoings or misconduct and with our legal knowledge and experience we can also apply pressure on these regulated brokers to make sure they comply with the complaints procedure correctly.

Call now on 0203 695 9239 or complete the form for a FREE consultation and start recovering your losses.

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