Quote Originally Posted by Omar Sayeed View Post
There are many kinds of broker regulations. Every countries have different regulatory organization. As well as there are many central authorites.

So you should learn about this. Unregistered brokers always dangerous for trader. Because they can cheat your money anytime and you can not complain against them. So, better to stay away from this kind of broker.

unregistered broker is the same with broker has weak regulation. All the weak regulation wont do anything to help traders so it is just for the show to everyone