As I can see from the discussion here, many people prefer the use of offshore brokers over regulated ones. But for me, safety has always been the number one thing when it comes to the choice of a forex broker. As of now too, I am using a cysec regulated broker, Fxview and they are as good as offshore brokers in terms of trading conditions (and obv better than the former ones). Narrower spreads and commissions at just $2 per 100k. I understand people are giving more attention to higher leverage so as to catch offshore, but go with it only if you know proper risk management and also checked their reputation, otherwise it can affect your capital severely.