Some tips about choosing Brokers.
- Thread starter Somrat4030
- Start date
Not all reviews are paid , however, I agree there are many unregulated brokers out there scamming newbies into depositing a huge amount and then freezing their accounts out of suspicion. Then they have no way to take their withdrawals.
fpa is good really , this is only a place where traders can express their views.
agree with you, all reviews in Fpa is not paid or scam.
I think you made several good points
the broker can affects the result of our trading with certainly , for that reason we the traders should choose the broker in cool mind.
I like their scam alerts section I see that brokers come there and try to deal with claims of traders who lost and seek for public resolution of the case.
everything is okay i am very confused about their rating , how they manage it . its a complicated issue.
One of the most important things to look out for is leverage.
Choose the one which gives very high leverage.
Then you just put a little amount of money in your trading account.
If the broker disappears, you just lose a little amount of money.
of course, many readers will disagree and will choose a broker which gives very low or zero leverage
Choose the one which gives very high leverage.
Then you just put a little amount of money in your trading account.
If the broker disappears, you just lose a little amount of money.
of course, many readers will disagree and will choose a broker which gives very low or zero leverage
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high leverage most of the time contains high risk despite of having most analyzing trading plan including proper risk management , so we should be more careful when using high leverage.