UMarkets Promotion
Promotion | Status | |
UMarkets | Deposit Insurance on News Trading | active |
How to avoid brokers that manipulate charts?
Before deciding on a brokerage, you must first conduct thorough research into their history to guarantee that they are dependable and trustworthy.
Avoid using dealing-desk brokers since they often trade against their clients and may engage in various types of price manipulation in order to increase their own profits.
You may trade against them or they will not submit your orders to the interbank market. As a result, ECN brokers can be a much safer alternative to avoid chart manipulations.
Continue Reading at Can Brokers Manipulate Charts?
Why do some brokers offer extremely high leverage?
Forex brokers, especially market makers are typically aware that most newbies are inexperienced, and there's a high chance that they're going to misuse the leverage. Thus, they usually offer high leverage to attract new clients.
In other words, many market makers are using high leverage as a part of their marketing offers. They'd invite you to take a lot of risks, knowing that it's not a good move to do especially if you're starting.
Continue Reading at 5 Signs Your Broker Trades Against You
Why are trading contests better than broker bonuses?
Because, prizes obtained from a trading contest usually are easier to withdraw, so it's more reliable than other bonuses.
Continue Reading at How to Successfully Use a Forex Broker Bonus
Why do brokers need to have a physical office?
Nowadays, it's easy to build a reputable website and manipulate the general overview of the website. As a result, scams in "online businesses" also pop out here and there.
That is why brokers with physical offices are more convincing.
Continue Reading at Beware the Trap of Money Game in Forex Brokers