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Can I trust Pubali Bank as a reliable and secure broker for trading purposes?

Broker Issues
Pubali Bank
Regulation
02-26
United States
WikiFX
Reply

As an experienced forex trader who has prioritized security and regulatory oversight throughout my own trading journey, I approach Pubali Bank's offerings with considerable caution. While Pubali Bank is a well-established institution with a longstanding presence in Bangladesh and provides a variety of banking products, I cannot ignore the critical fact that, based on the available data, this broker operates entirely without valid regulatory oversight for its trading services. In my view, regulatory supervision is not a mere technicality but a foundational safeguard for client funds, transparency, and fair market practices. The high-risk designation and lack of regulatory information are particularly concerning to me. In practice, unregulated brokers may offer few, if any, recourses in the case of disputes or operational failures. As someone who has seen the consequences of inadequate oversight in the forex industry, I would never risk substantial capital with such entities, no matter how long their operational history. Reliable fee structures, customer protections, and clear dispute resolution channels tend to go hand-in-hand with credible regulation, none of which are clearly outlined here for Pubali Bank’s trading operations. Ultimately, while Pubali Bank appears reputable in the realm of traditional banking, from my standpoint as a trader, I would not consider it a secure or reliable choice for trading without proper, transparent regulation in place.

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