Forex Brokers in Highest Rating
Recognizing the best forex brokers is not just a matter of making sure of its security and basic trading features. 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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Score | Broker | Country | Regulation | Min Deposit | Max Leverage |
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If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
What is an ECN broker and why do traders prefer them?
ECN (Electronic Communication Network) brokers are forex brokers that display bid/ask prices based on live price streams from liquidity providers. Traders prefer ECN brokers, especially those with trading systems requiring high accuracy in pricing and order execution because ECN brokers offer transparency and live, unmanipulated pricing.
Continue Reading at ECN vs Fixed Spread, Which Type is Better?
How to mitigate forex broker hacking risks?
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?
How to find out if my broker manipulates swap fee?
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
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?
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