ave been trading for a while already have it ingrained into them that they

 Traders who have been trading for a while already have it thehappyworld.org ingrained into them that they should never deal with unregulated brokers.

The reason for this is extremely simple; unregulated brokers are not bound by law to ensure client fund security. In addition to this, these brokers are not overseen to ensure that they fulfil their financial obligations thehelloamerica.com or provide a transparent, fair, and safe trading environment. The new over-the counter (OTC) regulation has been implemented by the local regulator, the FSCA, to combat bad players in the industry. Khwezi Trade, a division of Khwezi Financial Services (Pty) Ltd, is the first South African owned forex platform to be authorised and approved by the FSCA, receiving the OTC licence.   

There are lists of blacklisted brokers that got away with thesecretoftime.net client funds because of the false front that they put up, drawing in unsuspecting investors and traders of all experience levels. Unfortunately, these brokers have given deposit and trading bonuses a bad name, and because 

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