Danail Yordanov
Recruit
- Messages
- 12
Hello to all!
I think that this is one of the best places where we can start discussing of development of Global Ethical Standards for Brokers from a client perspective. I have searched in this website for such before deciding to post here. Please correct me if I such exist and I have just missed to find them.
Obviously, most of the companies are regulated. Despite this, there are many scams and many traders continue to suffer from such "regulated" brokers.
It can be concluded that there are serious flaws in the regulations, which allow unethical practices. I believe that the gap shall be filled by:
First: Development of Global Ethical Standards
Second: Procedures for Auditing against such Standards
Third: Traders Organization - similar or even the same as Forex Peace Army, which to make the audits.
What do you think about that?
I think that this is one of the best places where we can start discussing of development of Global Ethical Standards for Brokers from a client perspective. I have searched in this website for such before deciding to post here. Please correct me if I such exist and I have just missed to find them.
Obviously, most of the companies are regulated. Despite this, there are many scams and many traders continue to suffer from such "regulated" brokers.
It can be concluded that there are serious flaws in the regulations, which allow unethical practices. I believe that the gap shall be filled by:
First: Development of Global Ethical Standards
Second: Procedures for Auditing against such Standards
Third: Traders Organization - similar or even the same as Forex Peace Army, which to make the audits.
What do you think about that?