the security of your funds with an MT5 broker really depends on the broker itself. The good ones usually keep client money in segregated accounts, which means your funds are kept separate from the company’s own money — so if they go bust, your funds aren’t part of their debts. Regulated brokers (thiRead more
the security of your funds with an MT5 broker really depends on the broker itself. The good ones usually keep client money in segregated accounts, which means your funds are kept separate from the company’s own money — so if they go bust, your funds aren’t part of their debts.
Regulated brokers (think FCA, ASIC, CySEC, etc.) are generally safer because they’re required to follow strict rules — regular audits, minimum capital requirements, and so on. If a broker isn’t regulated or the license sounds shady, that’s a red flag.
On the tech side, most use SSL encryption and two-factor authentication (2FA) these days. It’s pretty standard now, but still worth checking. Also, a legit broker will have a proper withdrawal process — like verifying your ID before sending money out — to prevent fraud.
At the end of the day, always do your homework. Reviews help, but look beyond just ratings — check how long they’ve been around, how transparent they are with their terms, and whether they’re actually regulated by a real authority. Trust your gut — if it feels off, it probably is.
See less
No, Bybit does not operate in the United States. As of 2025, Bybit clearly forbids users from the United States based on regulatory limitations. The United States is one of Bybit's "Excluded Jurisdictions," and therefore the platform does not provide services or products to customers in the U.S. TryRead more
No, Bybit does not operate in the United States. As of 2025, Bybit clearly forbids users from the United States based on regulatory limitations. The United States is one of Bybit’s “Excluded Jurisdictions,” and therefore the platform does not provide services or products to customers in the U.S.
Trying to access Bybit from the U.S., even through means such as VPNs, is against their Terms of Service. Bybit can close accounts and settle open positions if they find a user has falsified their location.
This limitation is because of the regulatory stringent environment in the U.S., which requires crypto exchanges to abide by high compliance levels. Bybit has decided not to operate in the U.S. to prevent legal issues.
For users in the U.S., it’s best to look at exchanges that are registered and compliant with U.S. regulations, like Coinbase or Kraken.
See less