What is your opinion about FXCLEARING broker, is it good or not? I need enlightenment, thank you
The headquarters of fxclearing is in Canada, while in Indonesia there is a white label / IB local in Surabaya. Previously, spreads often widened during HIGH IMPACT news. However, to prove it with your own experience, you can try the broker using a demo account first.
Thanks
@ Maksim:
This FXClearing or FXCL broker, whose company name is FXCL Markets Ltd., is registered in Belize and has been regulated by the International Financial Services Commission (IFSC). The representative in Indonesia is in Surabaya.
In terms of regulation, it is not regulated by an internationally credible regulatory body. From our side, we recommend brokers that have been regulated by internationally credible regulatory bodies, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.
A credible regulatory body is one that has been tested and is globally recognized, and imposes strict sanctions on brokers if they violate agreed-upon provisions. The regulatory body is also responsible for the security of client funds.
But the decision to choose a broker is your own. If you are interested, please try the demo account first.