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Forex Brokers with LAMM Account

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LAMM (Lot Allocation Management Module) is a way to earn profit from forex trading by participating in a managed account whose earning portions are determined by the lot size. In this case, investors can choose the amount of lots that they want to trade following a trader's strategy. A predecessor of PAMM, LAMM account is not as mainstream so finding a good forex broker with this offering can be quite difficult.

We have compiled the list of LAMM forex brokers to make it easier for you, should you ever want to try trading in a LAMM account.

 


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Some brokers that provide this useful features are:

  1. XM: The webinars are available in over 10 languages.
  2. FBS: The free webinars are usually held weekly and cover various themes.
  3. OctaFx: Provides free webinars for any trader via their Youtube channel.
  4. Pepperstone: Pepperstone offers webinars that cover the essentials of forex scalping.
  5. FP Markets: Their webinars cover the fundamentals of forex trading and teach unique trading strategies.

Continue Reading at Free Forex Webinars by Forex Brokers Revealed

Recovering from a forex broker scam can be a challenging and frustrating experience, but there are steps you can take to seek recourse and mitigate your losses potentially:

  1. Gather evidence: Find proof of how they scam you.
  2. Report to authorities: This includes the police and regulators.
  3. Seek legal advice: Scam is a crime; contact your lawyer.

Continue Reading at How to Recover from Forex Broker Scams

Forex broker commission is a transaction fee traders must pay, often for each lot traded. This fee is essentially an integral part of a trader's regular expenses. The commission serves as a source of income for the broker and is also used to compensate their trading partners, such as liquidity or technology providers.

Continue Reading at Trading Commission Based on Forex Broker Types

Nevertheless, there are some things that traders just simply have to do by themselves. Some of them are:

1. Choose trustworthy, bonafide, and properly regulated forex brokers.

2. Seek brokers with two-factors authentication.

3. Change passwords regularly.

4. Don't believe in email easily.

5. Update anti-virus and anti-malware regularly.

Continue Reading at Hacking Attacks on Forex Brokers, What to Do?

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