It’s all very true, guys! It’s just ridiculous to chase after somewhat a few hundred of bucks of a bonus and end up losing your entire deposit after all. So by all means you should trade with the broker whose trading terms make you happy lol. Spreads, leverage, min deposit, client support are the things that most of us consider first. But how about safety of your money? Isn’t it an important issue to check before shaking hands with the broker and entrust a sack of your hard-earned money to it? I’d personally advise you against various bucket shops without proper licenses as the chance to go bust is too great with them.
Here is the list of the world’s regulatory authorities and brokers licensed by them: http://globegain.com/brokers/forex-regulators