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The payment method will determine how much fees and commission you will have to prepare when you will receive your funds, and how secure the process is.

You may rely on one payment method that you consider low-priced and fast.

However, due to a certain reason, a broker decided to remove your reliable payment method and you are then in a queue for a wire transfer which is expensive.

It would be wise to maintain your preference by switching to another broker.

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

Learn from your previous mistake and find a better broker with credible service and reliable support. Taking other traders' recommendations into account is also a good way to start your search for a better broker.

That way, you can be ive of the number of Forex brokers available before opening an account.

There are several ways of finding a better broker. But, the most common method is probably based on the broker's regulations, including ASIC, FSA, CySec, FCA, and many more.

Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps

When anything is described as "subject to change," there is a potential that you may incur more losses in terms of money, time, and effort.

• Your brokerage company may execute trades with a different model than what they are supposed to. 
• The platform changes. You are used to using MT4. All of sudden, you have no choice but to move to MT5. 
• The stop-out level is increased. A higher stop-out level will cause you greater loss as it will let your losing position run its course until you have nothing left in the account.
• Changes in spread and/or commission. Anything related to trading costs should be a sensitive matter as it influences one's profitability in the long run. 
• Leverages are lowered for no reason. This limitation may result in higher margin requirements and thus inflict on any trader who are used to trade with high leverage. 
• Your pair leaves you. 
• Obvious stop hunts. This often happens in market maker brokers who trade against the traders. In this case, you will find your stop losses getting executed just before the price moves in your favor. 

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

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