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Here are some factors that determine a broker's quality for scalping.

1. Low spread: The spread will bring a very significant impact as scalpers could trade multiple positions during a short period of time.
2. 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. 
3. 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

These brokers have been selected based on a comprehensive analysis of various factors, ensuring they provide a well-rounded and beneficial trading experience for Indian traders:

1. Interactive Brokers: Has a physical office in Mumbai.
2. Exness: Support Hindi language.
3. XM: Support local bank transfers.
4. Admirals: Has local phone number and e-mail.
5. FP Markets: Support deposit using INR.
6. HF Markets: Offer promotions and bonuses for Indian clients.

Continue Reading at Top Forex Brokers in India

1. Try again. You've already had the experience now and can choose better.
2. If necessary, check them out with your local financial authorities, and ask what they can do if you are scammed again.
3. Manage your money better, don't put them all in one basket. In addition to that, there are several things you can do to protect yourself further.
4. Take immediate steps to protect your financial accounts and personal information.
5. Contact family, friends, or support groups to share your experience and seek emotional support.
6. Learn from the scam experience by educating yourself about common fraud tactics, warning signs, and ways to protect yourself in the future.
7. Use the experience as an opportunity for personal growth and learning.
8. Recognize that scams can happen to anyone, and it does not reflect your intelligence or competence.

Continue Reading at How to Recover from Forex Broker Scams

Offshore brokers refer to brokers who are established in countries other than your country of residence. Most commonly, it is referred to brokers who are located in areas away from mainlands such as in islands and other small, secluded countries. Saint Vincent and Grenadines is one of the popular places for offshore brokers to build their companies.

In theory, they are just like any other broker. They provide their services by acting as a middleman between you and the financial asset you wish you trade with. They offer you their services for a certain amount of spread or commission which varies by the asset being traded. However, with rewards also comes a reasonable amount of risk.

Continue Reading at Trading in an Offshore Broker: Pros and Cons