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The Important Role of Regulation in Trading and What Traders Should Know

Financial regulation provides the ethical and legal framework for financial operations. Regulators act to protect traders’ best interests against bad actors, ensuring they do not risk losing their ...

Financial regulation provides the ethical andlegal framework for financial operations. Regulators act to protect traders’best interests against bad actors, ensuring they do not risk losing theircapital to fraudsters. At the end of 2024, the US Federal Trade Commissionpointed out that digital fraud accounted for losses of over $47.8 billion, up15%. Forex and CFD brokers are not spared the hassle.

To reduce such risks as much as possible,brokers must continue to employ strict encryption protocols and compliancestandards that also raise the bar for data privacy. GCCBrokers is one of the regulated brokers that puts traders first.

Regulated and licensed by the FinancialServices Commission (FSC) of Mauritius, GCC Brokers currently offers its CFDtrading services to more than 25,000 traders worldwide. Counting among the mostsought-after licenses, this regulatory umbrella allows the broker to provideits services not only in Mauritius but also globally.

Theimportance of holding an FSC license

Established under the Financial Services Actof 2007, the FSC is responsible for overseeing and licensing the operations ofbusinesses in the financial sector, including banking and non-bankinginstitutions such as GCC Brokers.

Since its humble beginnings in 1992,Mauritius’ financial services sector has grown into one of the main pillars ofthe country’s economy. The financial industry has seen significant expansion inthe Eastern African region, providing access to increasingly sophisticatedproducts and services that have been an essential driver of foreign investmentand growth in the area.

Mauritius’ transparent and even tax systemthat keeps the rate at 15% for both individuals and businesses has been themajor engine of prosperity in the country. In this context, financial servicesproviders like GCC Brokers have found a pristine land for expansion.

“Obtaining the FSC license was a pivotalmilestone on the GCC Brokers’ roadmap. It offered us the legitimacy we neededto provide our services in East Africa and beyond. Yet, this is only thelaunching board for further expansion into MENA and Southeast Asia. As we planto strengthen our global footprint, we seek additional licenses in theseregions as well”, said Youssef Bouz, Operations Manager.

In light of its regulation, GCC Brokers placesgreat emphasis on traders’ fund protection. To ensure its clients’ funds arekept safe in segregated accounts. By maintaining segregated accounts withtop-tier banks around the world, GCC Brokers keeps clients’ capital safelyoutside the reach of malicious intervention and separated from its own businesscapital.

Beyond being compliant, by safeguarding clientfunds in segregated accounts, GCC Brokers also guarantees traders haveimmediate access to their funds whenever they need.

Additionally, the broker upholds the higheststandards of transparency and accountability, which is evident in every aspectof its offering. All pricing information, including spreads and commissions, isovertly displayed on the website for all account types. This allows traders tomake informed decisions right from the moment they sign up.

Decision-support tools, including an economiccalendar and a wide array of indicators available via the broker’s MT5platform, allow traders to spot opportunities with greater precision.

Promoting a risk-conscious approach, GCCBrokers takes every opportunity to remind traders about the risky nature oftrading derivatives by including clear risk warnings in every communication.This coupled with risk management tools like Stop Loss and Take Profit, furtherenhances traders’ ability to mitigate risk and protect their capital.

Freedomof choice

Aside from transparent pricing and riskmanagement, GCC Brokers walks the extra mile to make sure its traders arewell-informed about the markets and never miss a beat. The broker’s socialmedia channels offer traders the right mix of educational content, includingdefinitions of the most widely used trading terms and insights into fundamentaland technical analysis, as well as breaking news and impactful economicreleases explained in simple terms.

This equips traders with just the nuggets ofinformation they need to navigate the financial markets. Traders can access1,000+ CFDs on Forex, metals, commodities, indices, cryptocurrencies, shares,and futures across the Standard, Pro, and Raw account types.

With as little as $25 (minimum deposit for theStandard account), anyone can unlock these opportunities. “Traders should haveaccess to cost-effective opportunities, no matter where they are in the worldor how much they’re willing or able to invest”, Mr. Bouz added.

By offering traders seamless access to a widerange of CFD instruments at a low cost and no hidden fees, GCC Brokersdemocratizes online trading, creating new opportunities for everyone,everywhere. As it continues to strengthen its operations in MENA and expand in Southeast Asia by acquiring new licenses in theseregions, the broker aims to establish itself as the go-to source for tradinginformation and cost-effective financial services.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.