Avoid scam broker
The only scams you should be afraid of as a forex trader are scamming brokers or scamming marketers that sell forex e-books and sure-fire strategies. A good way to avoid scam forex brokers is to use only well-known and tested brokers. I choose trade24 broker for reliability of my trades and funds. This broker won many awards for their wonderful services. They have vast selection of platforms to trade on.
There are thousands of brokers in forex market. Most of them are found to be scams. New traders get scammed by these brokers because they don’t have any idea with which broker they actually have to go. For them I directly recommend AGEA to trade with. Their activities are very clear to their clients. You can get high leverage facility and better spread with them. They also provide superior execution.
According to our trading experience we the traders select our trading strategies. My trading career I have been using LQDFX which is more appropriate to the concept of trading style that I always use. As a scalper I have been using this trading policy due to getting profit instantly, and I am very lucky to choose this STP Execution trading platform which always permits scalping including lowest trading spreads as well as minimum margin requirements. so, my trading life is very much comfortable.
It is very tough in forex trading to avoid scam brokers. There are thousands of unique broker in this forex market all around the world. But maximum number of them are scammers. Scammers sell their e-book and forex strategies which is totally useless. So trader should select a reputed and regulated trading broker like TryMarkets. I have chosen this broker as my trading platform. This is the most trusted and reliable for trading.
To avoid scam has become very challenging task for the traders to do. Selecting the right broker has become very tough task to do. Because most of the brokers found are to scam. For scam maximum of the traders are being cheated. To avoid scam it is very much necessary to select a right broker. I am trading with a scam free broker called Trade12 which having a high reputation. I have been trading with this broker for a long time without facing such problems.
You should be careful when you are choosing your broker. Because there are thousands of brokers in forex market and most of them are found to be scams. I am extremely lucky because my broker AGEA is very reliable and honest with their services. They have several trading platforms and from them I like MetaTrader5 trading platform which is designed for trading both derivatives and equities through a single trading account.
Honestly speaking, if you want to get maximal result by scalping first of all you have to make sure lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time. Actually from all trading elements spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.
ETX Capital is a fraud broker. They offer binary options and huge shares to their IBs. There are scammed traders by ETX posting over the Internet - one of the scammed traders can be seen here. Also the video in this post proves what happens when you start making profits with ETX. We should always try to avoid those brokers and find the correct one from this kind of fraud companies.
There are lots of broker in forex market. Many of them are scammer. Now day traders are afraid to invest in forex market because of scam broker. Every trader should avoid those brokers. A good broker can provide healthy and sound trading environment to trader. Now I am trading with CapitalsTrade. it is a regulated and licensed broker. It wins my trust by its services and policy. They never take hidden charges from me.
Definitely every trader should stay away from scam broker. A good trader can make trader’s trading journey smooth. On the other hand scammer make it much difficult. But how can a trader identify which broker are scammer and which are not, unless until they used it. Especially it is most difficult for new trader. What I did before joining TopFX24 is I read their reviews very carefully and use their demo account to understand their service.
Reply With Quote
Bookmarks