Forex Brokers That Accept Visa Payment Method for Deposit and Withdrawal

Starting your brokerage can be appealing for several reasons. It provides a way to stay involved in the trading industry, potentially offers better income predictability, and allows you to use your market knowledge to create a broker that caters to traders' needs.

Continue Reading at What You Need to Know Before Starting Your Own Brokerage

Here are some tips to identify forex broker scams:

1. Check their contact support.
2. Beware of unrealistic promises.
3. Review them online.
4. Check their regulation.
5. Always check your monthly statement.
6. Try trading with small capital.
7. Make withdrawal.

Continue Reading at How to Avoid Forex Broker Scams

1. The first reason is that forex investments generally don't receive the same protection in the eyes of the law compared to instruments like stocks and futures.
2. The second reason is modern forex trading through the net, where people could easily get in and out, even erasing their trails.
3. Third, forex traders often deal with foreign brokers, which means that fund reimbursement becomes more complicated due to legal differences.

Investopedia mentioned that US NFA settled 166 cases in 2008, but only 23% received lost funds.

Continue Reading at How to Recover from Forex Broker Scams

Spreads in trading can differ from one brokerage to another. Brokers aim to attract traders by offering lower spreads, which can make trading more cost-effective.

Continue Reading at Hidden Costs in Forex Trading You Should Be Aware of