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WikiFX
Eziol
1-2 anni

Does PIPS STAR provide the same level of protection as other regulated brokers?

Broker Issues
PIPS STAR
Regulation
06-11
Stati Uniti
WikiFX
Rispondi

PIPS STAR is regulated by FinCEN, which offers basic oversight with regard to anti-money laundering and financial crime prevention. However, it does not offer the same level of investor protection as brokers regulated by top-tier authorities such as the FCA, ASIC, or CySEC. These regulators ensure that client funds are kept in segregated accounts and provide compensation schemes in case of broker insolvency, among other protections. Therefore, while PIPS STAR’s FinCEN regulation provides some degree of legitimacy, it does not offer the same comprehensive safety nets for traders that come with stronger regulatory frameworks.

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United States
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