You may have noticed that there are literally hundreds of
Forex brokerages out there, all of them vying for your attention. Some of these
brokerages are regulated in well known regulatory jurisdictions while other
brokerages operate without any regulatory oversight often from offshore
territories. So what exactly is the deal with these brokerages which choose to
operate from unregulated jurisdictions?
Why do brokerages
choose to operate without regulation?
1) Regulatory Costs
Many of you will know that obtaining authorisation...