Personal viewpoint, it is divided into 2 cases.
Case 1 : reputed with license forex broker. There are always a group of ppl (black swam investor) always wait the forex broker in trouble and then immediately take over the control (stock) and own the company. Like what happened in insurance company AIA and ING.
Similar to casino license, the established forex license is very difficult to obtain. the rescue also reflects the change of management level, which also means the company name and agreement do not change , but staff inside all changed.
Case 2: low reputed broker. if low reputed broker, because of the license too easy to obtain or no license at all, obviously no investor will buy the stock, therefore the money is gone as the company disappear into air .
In your case, maybe u can divide ur investment into many reputed companies to reduce the risk of one company bankrupt since we are free to stick into any forex brokers.
But I much more interested on the strategy can win ten thousand days.
if you can win ten thousands days, but broker insolvent + lousy broker, also no point right?