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Should you choose to trade with EU brokers or their counterparts in the UK, you will also enjoy peace of mind in the knowledge that there are compensation funds and schemes set in place that allow traders to be reimbursed if their broker becomes insolvent. UK brokers regulated by FCA that participate in the local Financial Services Compensation Scheme will be able to provide up to 85,000 GBP per person to reimburse their clients in case of bankruptcy. EU brokers are required to participate and deduct funds towards local investor compensation funds from which clients can be repaid up to 20,000 EUR per person. As you can see these are excellent trading conditions which brokers from offshore zones such as Seychelles are not able to match. Quotex Trading software From the image below, you can see that the trading software for Quotex clients is a web trader, a rather cheap and simplistic platform with limited functionality. The trading products are forex, crypto, commodities and indices.
