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How does PAMM benefit Asian traders?
PAMM allows Asian traders to invest their funds with Money Managers who manage trades on their behalf. Money Managers earn a percentage of the profits. Many brokers with a significant Asian clientele, including HF Markets, InstaForex, and FXOpen, offer PAMM services.
Continue Reading at Top 5 Broker Tools for Asian Traders
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
Why do brokers manipulate charts?
Brokers may manipulate charts for various reasons, although it's important to note that not all brokers engage in such practices, and many operate with integrity. When manipulation of charts does occur, some potential reasons include:
- Generate additional fees or profits.
- Manage liquidity in the market.
- Brokers operating in unregulated or poorly regulated markets may engage in chart manipulation more frequently because they face fewer consequences.
Continue Reading at Can Brokers Manipulate Charts?