Choosing FOREX Broker:
The forex market is so big and is so spread around the world that it becomes impossible to impose central control. Because of this there is no rule governing the world to serve as a backup for those who decide to enter this market. The only limitations that exist are that each country individually imposed on companies that offer these services.
Given the major regulations that are required in some countries many companies prefer to register based on the known tax havens but this does not mean they do it to commit fraud but simply to have some protection in case of a problem. Most brokers operating from the Bahamas, Seychelles Islands, Cayman Islands, among many others.
So before opening an account with any operator is advised to seek information about what data and comments circulating on the Internet investors.
In addition it is always recommended to invest in a diversified way is not to allocate all funds to one broker but divided among several because it reduces the chances of large losses of money.