WikiFX

Sagot

When I first came across LCM broker, I was intrigued by their trading conditions and the range of instruments available. However, the fact that LCM is not regulated is something I can't overlook. Regulation is crucial for me because it provides a level of protection and accountability that I can trust. Without a regulatory body overseeing the broker’s operations, I felt uneasy about the safety of my funds. Regulated brokers are required to comply with certain financial standards, which assures me that my investments are protected. Since LCM operates without such oversight, I had to be cautious. This lack of regulation increases the risk, and after considering this, I decided to take a step back before committing my funds. While LCM offers attractive trading conditions like competitive spreads and a wide range of instruments, the lack of regulation is a serious concern for me as a trader, and I wouldn't feel comfortable trading a significant amount without that assurance.