Forex Brokers That Accept Dash 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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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?
What are reliable forex broker regulations?
Some of the top regulatory agencies in the world include:
- The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the United Kingdom
- The Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the United States
- The Swiss Financial Market Supervisory Authority (FINMA) in Switzerland
- The Australian Securities and Investments Commission (ASIC) in Australia
- The Financial Services Agency of Japan (JFSA) in Japan
- The Cyprus Securities and Exchange Commission (CySEC) in Cyprus
If the broker you use is regulated by one of the regulatory agencies above, you can be confident that it is safe. The reason is that these regulatory agencies have strict requirements that brokers must meet to be licensed.
Only the most reputable and trustworthy brokers can obtain a license.
Continue Reading at How to Avoid Forex Broker Scams
What are the best brokers to use for South African swing traders?
We have compiled 10 best-performing forex brokers that are suitable for swing traders in South Africa.
- IC Markets: IC Markets is particularly suitable for traders who value easy trading execution and low trading costs.
- Exness: The broker is regulated by several trusted authorities such as the FSCA, FCA, and CySEC.
- Khwezi Trade: Khwezi Trade supports Rand-based forex and CFD trading with a wide range of trading instruments.
- FXTM: The broker supports MetaTrader 4 and 5 as trading platforms, both of which can be accessed from various devices such as PC, laptops, tablets, and/or mobile phones.
- FBS: Traders can open a trading account with only $1 and there is no inactivity fee.
- AvaTrade: When it comes to trading fees, AvaTrade offers a fixed spread of 0.9 pips per trade.
- FxPro: The broker also provides customer service that responds quickly and is able to provide relevant answers in multiple languages.
- FP Markets: One of the greatest advantages of this broker is that it uses true ECN bridges and advanced technology.
- Pepperstone: Pepperstone is often considered to be the best broker in Australia that's suitable for almost any kind of trader including swing traders.
- HF Markets: Conveniently, HF Markets offers a ZAR trading account for South African traders as well as USD and EUR accounts.
Continue Reading at 10 Brokers for Swing Trading in South Africa
How do brokers typically provide PayPal deposits and withdrawals?
Some brokers offer PayPal because it is considered a trusted e-wallet company with high-quality services and many internet users are already familiar with it. Among those brokers are FxPro and eToro.
Each broker imposes different policies regarding the PayPal service. FxPro for example, would charge the clients a deposit fee of 2.7% and a processing time of at least 10 minutes, whereas for withdrawal, it is free of commission but takes at least 1 working day to process.
Continue Reading at 5 Top E-Payments for Forex Deposit and Withdrawal
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