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To detect a forex broker's policy on scalping, look for information on the broker's official website. The freedom of trading with scalping is a feature that is often considered an attraction.sca

Continue Reading at Why Do Brokers Restrict Scalping?

Forex brokers with multiple licenses may be more capable than forex brokers with a single license. But multiple licenses do not guarantee trustworthiness. The best option is to register with a trusted forex broker officially licensed in your own country.

Moreover, not all forex brokers with multiple licenses can be ranked equally. ABC broker that holds only two licenses from the UK and Australia may have more credibility than its rival that holds five licenses from offshore authorities. See the examples below.

Continue Reading at Guide to Forex Brokers with Multiple License

Learn from your previous mistake and find a better broker with credible service and reliable support. Taking other traders' recommendations into account is also a good way to start your search for a better broker.

That way, you can be ive of the number of Forex brokers available before opening an account.

There are several ways of finding a better broker. But, the most common method is probably based on the broker's regulations, including ASIC, FSA, CySec, FCA, and many more.

Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps

Basically, if the broker's "licensed", then it's just as good as "regulated". It means that the broker has obtained a license to operate as a broker in the country and is protected by its laws. Just like regulated brokers, if there is a legal issue, it will be resolved in the area of origin of the broker's license.

Continue Reading at Forex Regulation Insights: Defining Your Broker's Status