Forex Brokers That Accept Sofort Payment Method for Deposit and Withdrawal
Recognizing the best forex brokers is not just a matter of identity and basic trading needs. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.
The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.
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Additional FAQ
Can you start a brokerage business in Spain?
To start a brokerage business in Spain, you can contact the National Securities Market Commission (CNMV). The CNMV is the local regulator responsible for supervising and licensing financial markets and entities, including FX/CFD brokers.
Continue Reading at 3 Interesting Facts of Forex Trading in Spain
Which brokers can operate legally in Russia?
- Alfa Forex owns dual licenses from Central Bank of Russia as well as CySEC. Therefore, they have sufficient legal background and compliant with the rules of client protection.
- FINAM facilitates trading for several asset classes, including forex, shares, bonds, options, and futures, aside from banking.
- VTB Forex proclaimed itself as the leader of forex market in Russia. The broker facilitates trading on 24 currency pairs (including rubles) through Metatrader5 with minimum transaction of 0.5 lot and maximum leverage 1:40.
Continue Reading at Best Forex Brokers in Russia
Which broker cases have been proven to be scams in real life?
Below are 5 real cases of scam brokers:
- 4XP Broker: FPA declared 4XP as a scam and blacklisted it
- SkyFx: After its owner was involved in illegal activities, CySEC no longer regulates SkyFX
- Forex-Metal: FPA confirmed the company as a scam after clients complained of withdrawal failure
- Masterforex (MFX Broker): Following suspicious investment, IFSC Belize announced that they had revoked MFX's license
- IronFX: In 2015, CySEC confirmed the broker for scams, but has not yet revoked its license
Continue Reading at 5 True Stories of Forex Broker Scams
What are the best brokers in Nigeria?
We have made a list of the best forex brokers in Nigeria:
- IC Markets: Best for commission trading.
- FXTM: Regulated forex broker with various educational events.
- HF Markets: Popular broker with attractive bonus programs.
- OctaFX: Best broker for easy deposit and withdrawal.
- XM: Best broker with low spreads.
- Exness: Great for professional traders.
- AvaTrade: Multi-regulated forex broker.
- FP Markets: Suitable for advanced traders.
- FBS: Popular broker with diverse trading instruments.
Continue Reading at Best Forex Brokers in Nigeria
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