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Regulation is crucial for brokers because it ensures they operate transparently and follow strict guidelines to protect their clients' funds. A regulated broker must adhere to rules set by regulatory bodies, such as keeping client funds in segregated accounts, providing fair and transparent pricing, and offering recourse in case of disputes. For unregulated brokers like INDIRA, these safeguards are absent, which makes trading riskier. While INDIRA may offer attractive trading opportunities, its lack of regulation means traders could face issues that regulated brokers are required to address. I discuss the importance of regulation and its implications in more detail in my INDIRA review.