List of Crypto Exchanges in Canada
Below are the list of crypto exchanges providing service for clients around the globe from Canada. The crypto exchanges are ranked by their cyber security scores, whose measurement is provided by cer.live.
If you need to find a shorter way of filtering the exchanges, sort the list based on other features such as the year established, fee, margin trading, and fiat deposit.
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Why is it considered illegal for forex brokers to trade on behalf of clients?
In many well-known financial jurisdictions, regulatory authorities prohibit forex brokerages from trading on behalf of clients. This is due to the inherent conflict of interest, as brokers can be incentivized by client losses or gains.
Continue Reading at 3 Types of Companies that Trade Forex for You
What are the benefits of trading with Seychelles forex brokers?
Trading with Seychelles Forex brokers can offer several benefits to traders. Here are some advantages:
- Seychelles Forex brokers often provide access to a wide range of financial instruments, including major and minor currency pairs, commodities, indices, and even cryptocurrencies. This variety allows traders to diversify their portfolios and explore different markets.
- Usually, they offered leverage that can reach 1:500, 1:1000, 1:2000, and even higher.
- Lower initial deposit amounts compared to brokers in more established financial centers. Moreover, the minimum deposit can be as low as $1.
- Offer tight spreads, which can reduce trading costs for traders.
- Lower taxes.
Continue Reading at Discovering Seychelles Regulation for Forex Brokers
How to identify blacklisted brokers?
Regardless of what methods they use, you can identify blacklisted forex brokers with these suspicious attributes:
- Promises of big profits
- Claims of no risks
- No reputable regulation
- Unprofessional practices
- Questionable platforms
- Fake rating
- No SSL certificates
Whether you have already signed up to a forex broker or are about to commit yourself to one, here we provide you with a checklist to assess the reliability of a broker:
- My broker holds at least one license from reputable regulators such as FCA, ASIC, CFTC, etc.
- My broker's website has an SSL certificate.
- My broker offers reliable trading platforms such as MT4, MT5, cTrader, etc.
- My broker does not interfere with the withdrawal of my funds.
- My broker does not ask me about my debit/credit card information.
- My broker does not make unrealistic promises and claims.
- My broker has quick and responsive customer support.
- My broker receives great ratings and reviews from multiple reliable and independent sources.
- My broker accepts payment with standard methods, such as Visa/Mastercard, Wire Transfer, PayPal, or Skrill.
- My broker does not rely on its operation around additional services like binary options, PAMM, etc.
Continue Reading at Top Blacklisted Forex Brokers You Should Avoid
What are the various types of forex broker awards?
Earnforex has sorted out current forex broker awards into three categories:
- The highest tier (trusted) awards are organized by renowned and highly reputable publications such as FXStreet.
- Medium-tier (expos and conventions) such as Finance Magnates Summits and iFX Expo. The organizers themselves are reputable, and there are some rather tough qualifications for forex brokers who want to participate
- Lowest tier (dubious awards), including magazines and broker rating websites such as World Finance Magazine, International Business Magazine, Financial Derivative Magazine, and so on.
Continue Reading at Forex Broker Awards: All You Need to Know
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