Forex trading is a dynamic marketplace with constant shifts in currency pair prices depending on the market volatility. However, a regulated broker often ensures their traders’ interests are protected. Unregulated brokers, on the other hand, will prompt forex traders to complain about fake welcome bonus offers, account blowups with hidden and high spreads, too much time on account verification, lingering withdrawal issues, and more. That’s why it’s critical to know that the broker you partner with maintains ethical business standards. This, to a large extent, is verified by checking their regulatory status.