Do I need a broker that is licensed and regulated in my country of residence (Philippines), my country of origin (Canada), or the trading country of the broker (unselected yet)?
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It depends on your citizenship and country of residence.
For example, A broker from Belize or Vanuatu provides no protection for you. CySEC brokers protect people living in Cyprus, but it is questionable what they cover for non Europeans.
The most trusted brokers are licensed by ASIC in Australia or the FCA in United Kingdom.
For example, A broker from Belize or Vanuatu provides no protection for you. CySEC brokers protect people living in Cyprus, but it is questionable what they cover for non Europeans.
The most trusted brokers are licensed by ASIC in Australia or the FCA in United Kingdom.
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