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There are only about 2% of the total number of all brokers around the world that are fair. They are Direct Market Access ECN/STP (a-book brokers). These brokers will send all of your trades to the interbank market without any conflict of interest.

Continue Reading at Exposing Forex Broker Secrets

This is the type of blacklisted broker that will grab your money very quickly and fly away at night to evade their responsibility. They come fast, and they go even faster if they have already got what they want.

On their website, they will write bogus claims of easy and big profits, or anything that could attract you into investing with them. But once you make a deposit, they will disappear either by declaring bankruptcy or announcing nothing at all.

Visiting their website will be pointless because at this point it has already closed down. In fact, this type of scam is so ubiquitous that many websites are launched and closed down within less than a year.

Continue Reading at Top Blacklisted Forex Brokers You Should Avoid

Yes, it might be.

You may receive a phone call asking for more deposits or more frequent trade. This is possible as your contact information is accessible to the company.

Thus, your data may facilitate the broker to contact you by email or cell phone, urging you to be more speculative and increasing your risks in the market.

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

To be successful, your broker should be:

• Allows a minimum deposit of USD50.
• Provides trading with micro lots (0.01).
• Charges no commission.
• Offers low spreads (less than 2 pips for major pairs).

Continue Reading at A Story of Making Forex Profit with Small Capital