#Broker Review

1K Following 426 Works

Follow

Videos Live E-books Lecturers Q&A Discussion Group

Please advice on choosing a suitable forex broker

sharonjin

I'm reaching out to this community for some advice on choosing a suitable forex broker. Here's a bit about my situation: I'm a newcomer to Forex trading, and I'm based in Malaysia. I'm planning to start my Forex journey by depositing $5,000, following a period of getting accustomed to a demo account. If things go well, I'm willing to invest a minimum of $10,000. I'm currently in the process of selecting a broker, and I've established a set of criteria that are important to me. I'd greatly apprec

Broker Discussion

What is the most important factor to consider when selecting a forex broker?

Andre Harte

When choosing a forex broker, the most important thing is to make sure that we are properly regulated by reputable financial authorities. Regulation helps to protect our money and ensure fair trading. We should look for brokers that are regulated by reputable organizations such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) or the Securities and Exchange Commission (SEC). Another key factor to consider is the cost of trading. Traders need to

Broker Discussion

Open your eyes! Here are Top 5 established brokers which are often cloned.

iamjane

Compared to other types of frauds, clone scams are far trickier and more difficult to detect. Those bogus firms not only swindle hard-earned money from investors, but steal the good name of genuinely legitimate companies as well. Therefore, we collected and analyzed the data of 20 well-known brokers’ clone firms. Below, I listed the top 5 brokers which are often cloned by scammers, along with 3 tips to help you avoid the clone firms. Top 5 established brokers which are often cloned No.1 Exness E

Broker Discussion