Interesting article. In this scam, investors are encouraged to join a service or company that trades the Forex market, and they will earn fixed periodic profits. This is a pure scam because the Forex market is fast and dynamic. Profits and losses are part of Forex trading and cannot be forecasted.
Recommendation for Forex broker?
- Thread starter Saltynuts
- Start date
the good broker is a broker which never restrict any kinds of trading strategies.
yes any kind of good broker always make sure best trading environment by providing most narrowest trading spreads.
In case there are some people who are still looking for broker, this thread should be helpful - https://www.elitetrader.com/et/threads/list-of-best-regulated-brokers.362682/
There are several good brokers out there but it is upto the trader to find a suitable one. I can recommend a few brokers like CMC, Global prime, FP Markets and Plus500.
Each have their own advantage, for example I trade mostly with FP Markets since it is suitable for scalping because of its 0.0pips spreads and low latency execution speed.
Each have their own advantage, for example I trade mostly with FP Markets since it is suitable for scalping because of its 0.0pips spreads and low latency execution speed.
Based on my experience, I can recommend a couple of brokers. like Etoro and FP Market. Etoro is regulated by ASIC and FCA, with pips starting at 1, and their trading conditions are good.
FP Markets is regulated by ASIC, CYSEC and also has an offshore licence with St. Vincent. Spreads begin at 0 pips and their customer service is quick in solving and answering queries.
FP Markets is regulated by ASIC, CYSEC and also has an offshore licence with St. Vincent. Spreads begin at 0 pips and their customer service is quick in solving and answering queries.
For me personally, I prefer an ECN broker that provides low spreads and a diverse range of account types to choose from. Currently, my top three choices are IC Markets, Prime Codex, and CMC Markets.