HF Markets Promotion

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

There are at least three skills that you need to have to avoid scams:

1. First, you must be able to identify a regulated broker authorized by a trusted regulator. It is essential to check this aspect at the start because if the broker's not regulated to begin with, then there is a higher chance of low-quality services that lead to financial loss.
2. Second, you should be realistic while scanning through any broker's promotions and bonuses. Scammers tend to over-promising by offering unrealistic deals to get more clients.
3. Lastly, you need to understand how forex broker scams usually cheat on their clients. You will get to know their characteristics and, therefore, avoid them as best as you can.

Continue Reading at 5 True Stories of Forex Broker Scams

If you are trading with a multi-licenses forex broker, then you could take it easy. Your broker most likely only seeks VFSC licenses in order to smooth their international operation, while providing services in accordance with higher requirements set upon by better regulatory agencies.

There's a significantly different consideration if you are trading with a single-license forex broker (and the license in question comes from VFSC). It is possible to trade with them for some time with minimum capital, but it is not advisable to continue working with them in the long term. Do yourself a favor by moving your funds to better-regulated forex brokers.

Continue Reading at What Does VFSC Regulation Mean for Forex Brokers?