Forex Brokers That Accept Poli 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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What brokers dominate in Nigeria?
Some of these international forex brokers are HF Markets and Deriv. As one of the most used international brokers by Nigerian traders, HF Markets is regulated by the Financial Conduct Authority (FCA) in the UK, the FSCA of South Africa, and the Cyprus Security Exchange Commission (CySEC).
As for Deriv, it is regulated by the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (FSC), the British Virgin Islands Financial Services Commission (FSA), and the Malaysian Labuan Financial Services Authority.
Continue Reading at Is It Safe to Trade Forex in Nigeria?
What types of bonuses are offered by forex brokers?
- Welcome bonus: a reward to greet new clients for their initial account opening
- No deposit bonus: gives you the opportunity to trade without depositing any money
- Deposit bonus: a forex bonus that applies to every deposit, thus benefiting all clients; both new and recurring.
Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know
How do brokers differ from market makers?
They are different in terms of service. A broker makes money by bringing together assets to buyers and sellers. Meanwhile, a market maker helps create a market for investors to buy or sell securities.
Continue Reading at What Does a Market Maker Do Behind You?
How to prove that the broker is problematic?
There are several ways you can determine whether a broker is problematic or not. After all, there are some conditions that may not be the broker's fault. Here are the ways you can do:
- Determine the problem first. Is it really the broker's fault, or are there other factors involved?
- Make sure you have followed the rules. If you did, but still encounter issues, then it might be the broker that is the cause.
- Ask the broker's customer support, with some proofs.
- Consult with other traders.
If it's proven that the broker is the root of the problem, take immediate action and look for another reliable broker.
Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps
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