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In my experience as a forex trader, one of the key factors I consider before depositing funds with any broker is the strength and reputation of its regulatory oversight. Phillip Securities Group is regulated by the Hong Kong Securities and Futures Commission (SFC) under license number AAZ038, and this status is important to me for several reasons. The SFC is a well-established, reputable regulator known for its rigorous criteria regarding capital adequacy, segregation of client funds, and ongoing supervision. This means Phillip Securities Group is legally obliged to follow strict rules around client asset protection, transparent reporting, and risk management processes. Having traded with less regulated entities in the past, I've learned firsthand how vital it is that a broker is continually monitored by a strong authority. In the case of Phillip Securities Group, if there were any disputes or irregularities, the SFC provides clear avenues of redress and has the power to enforce compliance. I also appreciate that operating in Hong Kong adds further credibility, as this market is recognized for financial transparency and international standards. While no regulator can fully guarantee against every risk, trading with an SFC-regulated broker like Phillip Securities Group gives me a higher degree of confidence that my funds are held according to established rules, and that the firm is systematically audited. For me, this makes a considerable difference in managing risk and gives a level of protection I would not overlook.