Beginners and experienced traders should choose a forex broker registered in a state where the operation is controlled by a specialized agency. It is also worth finding out whether the company's activities are regulated offshore or not, because in the first case, registration requirements are more liberal.

However, the fact that a broker has a license is not a guarantee of the honesty of a broker. Before investing money in a particular broker, read reviews of brokers on Global Fraud Protection, such as broker Buxberg https://globalfraudprotection.....com/scam-recovery/bu and others, this will help you avoid losing funds.

Global Fraud Protection exposed over 500 fraudulent brokers. They also helped more than ~2000 deceived traders to return their funds, some all the money, some partially