Forex Brokers That Accept Moneta.ru Payment Method for Deposit and Withdrawal

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

Here are some factors that determine a broker's quality for scalping.

1. Low spread: The spread will bring a very significant impact as scalpers could trade multiple positions during a short period of time.
2. Complete trading tools: Scalpers are always more focused on the action and reaction pattern of the price movement from time to time. Therefore, they need a complete and qualified technical analysis feature. 
3. Allow scalping: Scalping can be restricted or not allowed in some brokers, so it's important to make sure that your broker has no certain conditions on the strategy.

Continue Reading at The Secrets of Successful Scalping Strategy

There is no clear-cut answer to that. What you need to know is that ECN brokers do offer a better trading environment than market makers although some of them may cheat on you.

Better yet, licensed ECN brokers in advanced countries are usually subject to stricter supervision that reduces the likelihood of fraud.

Continue Reading at Can ECN Brokers Cheat on You?

First, you can review the comparison between the broker's swap rates and the actual differences between the central bank's benchmark rates. If the comparison is not too drastic, then it can be concluded that your broker doesn't manipulate the swap rates.

However, if it is too extreme, this could be a sign that your broker is taking too much profit from overnight positions.

Continue Reading at Forex Broker Cheats and How to Anticipate Them