Is IB Broker Gainscope still safe?

@ edo:

As far as I know, there have been no complaints regarding deposits and withdrawals so far. So I think it's still safe.

 

Which regulation does Gainscope broker have, sir? Compared to FBS broker, which one is better?

@ Sucipto:

Gainscope is not a broker, but a representative of a specific broker, namely FXDD, which is headquartered in New Jersey, United States. FXDD itself is one of the major brokers regulated by several credible regulatory bodies, namely FCA UK, MiFID, MFSA. So, if you are interested in trading with FXDD, you can go through Gainscope as its representative for brokers from Indonesia.

- Compared to FBS broker, which is better?
We cannot provide comments. Please compare the features yourself.
For the security of your trading and funds, we recommend choosing a broker that is already regulated by a credible international regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

A credible regulatory body is one that has been tested and internationally recognized, and imposes strict sanctions on brokers if they violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.