Forex compensation schemes

Financial markets get compensation schemes wey dey protect investors for case brokers fail or no get money again. Dem dey make sure say investors fit claim some small small money from their money wey dey inside broker hand, depending say broker gats regulator wey fit do that kain. Forex brokers with compensation schemes dey usually dey regulated well well and dem dey follow the tori dem wey dem financial body give them. The maximum wey you fit get fit be like 200,000 USD and e dey different depending on their regulator. Below na a list of Forex brokers wey be people wey we fit trust say their money dey safe as them take offer compensation schemes, in case broker no get money again.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4Copy tradingECNHigh leveragePAMMSignals
Regulations
FSC Belize
Platforms
MT4
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
Fortrade read review
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
High leverageSignals
Regulations
CNMV, FCA UK, KNF +1 more
Platforms
xStation
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
7.92
Tickmill read review
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
To get this your compensation, you go need to do some kind work wey fit be say you go qualify, like you go need to dey trade with broker wey dem regulate well and dem go classify you as their proper trader. In case you dey reason dem insolvency matter for broker wey property finish, you go need to do one kind form wey go verifi something and you go show dem say you dey part of this problem. After we don check this form and we don ya almost everything we dey ask you, we go give you money wey we fit give based on how them talk am. As we say before, you go get sense make you use Forex brokers wey way get compensation schemes sake of Forex use to dey scatter anyhow. Compensation no go fit cover all the money but e go give trader mind ease say no be all loss, be loss.

FAQs about Part of compensation scheme

Wetin be the main work of compensation scheme?

The main work of compensation scheme na to help make sure say trader no lose better money if broker run or broker no get money again. Dis money sef dey depend on where and where broker dey show face as forex person.

Which way compensation scheme work come dey do?

Compensation scheme dey work for say dem dey try find a small small way for trader make their money no dey within the broker wey no get money again. When trader don give us this form, we go find dem some money sef come give them.

Wetin be the advantage of this compensation scheme?

The advantage wey this compensation scheme get na by them dey protect trader money and dem go dey market if person broker don broke. Them sef dey try make dem broker no go come run any how. Dem dey encourage dem brokers for stay and dey solida so.