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What are the things that brokers keep confidential?
These 5 forex broker secrets can be the keys to differentiating between a good and bad forex broker:
- Market makers are not traders' enemy.
- So-called NDD brokers are actually ECN/STP brokers.
- Bonuses are brokers' hidden fees.
- Scammers could easily pose as forex brokers.
- There are A-book and B-book brokers.
Continue Reading at Exposing Forex Broker Secrets
Which brokers offer welcome bonuses that can be obtained without requiring a deposit?
All brokers, except RoboForex.
Continue Reading at USD30 Welcome Bonuses by Forex Brokers in 2023
What are European-based Russian brokers?
Several forex companies of Russian origin have moved to Europe -mainly Cyprus and the UK in order to ease global expansion. Here are some of them that might be good for you:
- Exness
Exness is authorized and regulated across Europe through MiFID II. Exness is very suitable for traders with low capital requirement and various account offerings. - XM Group
XM Group is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec), legitimizing its operations across Europe. - Alpari
A few years ago, Alpari was the most famous Russian forex broker worldwide. Its popularity dropped following tragic losses suffered by its UK entity in 2015. Currently, Alpari only registered in Belarus and St Vincent and the Grenadines. Nevertheless, Alpari is still one of the favorite brokers for Eastern European and Russian residents.
Continue Reading at Best Forex Brokers in Russia
How to choose the right broker for scalping?
Here are some factors that determine a broker's quality for scalping.
- Low spread: The spread will bring a very significant impact as scalpers could trade multiple positions during a short period of time.
- Complete trading tools: Scalpers are always more focused on the action and reaction pattern of the price movement from time to time. Therefore, they need a complete and qualified technical analysis feature.
- Allow scalping: Scalping can be restricted or not allowed in some brokers, so it's important to make sure that your broker has no certain conditions on the strategy.
Continue Reading at The Secrets of Successful Scalping Strategy