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security
Security is a major issue when choosing a broker, we have to choose the broker which guarantee their clients funds. That’s why from my first day of trading I have been using LQDFX which is real STP Trading platform and always ensures secure environment for trading with a wide range of trading technologies. And they don’t restrict any kinds of trading techniques with scalping and hedging.
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Security is always considered to be the most important issue while choosing a broker. A broker’s regulation depends on security level. Though forex is a decentralized trading market so security is probably provided by brokers. As a big investor I have invested my capital on Trade12 broker. With the broker I have high security of funding as they use all repute bank accounts to keep maintaining all accounts and third party for supervising.
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Forex trading can be done by opening a trading account with any of the Forex brokers. Many big companies like Forex4you are offering this facility. You are looking to transfer money to a foreign bank. This depends on the bank with which you have opened the account. Wired transfer facility can be used to do this. You can specify the account to which you want to transfer the amount. Bank will charge a nominal amount to transfer your amount.
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Surety of capital is an important factor in forex market. Many scam brokers do not provide security to their client fund. They take their money through hidden charge or by banning their account. Now I am trading with CapitalsTrade. It is a regulated broker. It provides maximum security to my fund. They keep our fund into top international bank. They do not take any hidden charge. I am using their swap free account.
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Yes security of the funds is major issue. There are many brokers that defraud their customers. For good security, you require a good secured broker where you can feel safe. There are many brokers out there who hoodwink their customers. For my trading I have FXPM which gives 100% security of your advantages. I feel safe with them.
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Plus500 - this broker probably doesn't need any further comment. I personally don't have never so much courage to trade with them. From what I've heard, they even don't open real accounts connected to some liquidity providers and traders are only trading on virtual accounts connected to live servers. Traders are reporting that they remove money of traders from their accounts, don't send withdrawals etc. I do not recommend them to join.
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Indeed, security of cash is essential. That is the reason every trader should trade on a regulated broker. With a regulated broker your money is secured. There are a couple of brokers who set the record by demonstrating some vacillating reasons. Moreover, a couple of brokers deny to pay the client if he makes colossal advantages. That is the reason a regulated broker is an OK choice. In case anything erroneously happens you can record dispute to the authoritative masters. I do forex and binary options trading also. For this I got a regulated broker named MaximusFx with a trademark Trading At Its Best.
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In term of risk you can easily rate forex trading 8 out of 10 as we all know that this trading platform is one of the riskiest trading platforms if we don’t manage to settle down the security problem of your account. Account security can only be provided by our respected broker. For my trading account I only trust my broker AAFX. This broker is regulated and ensures my fund safety.
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XM..i got a very bad experienced with them last year when they moved down my buy order eurusd to a lower position after market open and deducted money as loss. This is how we retail traders lose our money. And give up in forex for them. We should be more cautious about choose our trading partner, otherwise we got scammed via this kind of broker.
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Yes no one has withdrawal trouble with instaforex. They are professional fraud broker. They do lots of thing to bankrupt you. For example when I did pending orders, before the price meets my pending order's price, the broker execute it. No just one or two times, all the time. Or when you are in draw down the broker lower the leverage and you can not open new orders to manage your draw down. Freezing prices and other stuff.