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World Championship, $1M Fund | expired |
What are the criterias of good broker for beginners?
A novice-friendly broker ought to have at the very least these seven (7) characteristics:
- Official licenses from the country in which the broker operates.
- Handy trading platform for mobile and desktop.
- Cheap fees.
- Excellent client services.
- Low deposit requirement and easy withdrawal processes.
- Straightforward registration processes.
- Superb educational resources.
Continue Reading at Is OANDA a Good Broker for Beginners?
What brokers are considered good for Indian traders?
These brokers have been selected based on a comprehensive analysis of various factors, ensuring they provide a well-rounded and beneficial trading experience for Indian traders:
- Interactive Brokers: Has a physical office in Mumbai.
- Exness: Support Hindi language.
- XM: Support local bank transfers.
- Admirals: Has local phone number and e-mail.
- FP Markets: Support deposit using INR.
- HF Markets: Offer promotions and bonuses for Indian clients.
Continue Reading at Top Forex Brokers in India
Why do bonus brokers become hidden fees unnoticed by traders?
- Normally, a trader has to trade with a certain number of volumes before withdrawing the profits derived from the no deposit bonus.
- A welcome bonus requires a deposit from a trader for getting this bonus.
- The deposit match bonus typically has a minimum deposit requirement, a maximum limit, and the broker matches a trader's deposit at a preset percentage, typically ranging from 30% to 300%.
Bonus schemes from forex brokers have some requirements regarding how much your initial deposit should be or how much you need to trade if you intend to withdraw profits. The requirements may be okay for some traders, but some others may see them as a source of frustration.
Continue Reading at Exposing Forex Broker Secrets
There are four things we could check to recognize broker scams:
- Sensasional ads: They tend to promise a big number, sometimes unrealistic.
- Unproven regulations: Check out whether they are regulated and whether their regulations are legit.
- Untraceable contact: Find out if they have a legit communication line or real address.
- Bad reviews: Look at what people say about them.
Continue Reading at 4 Signs to Recognize Forex Broker Scams
