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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
Why do spread vary among brokerages?
Spreads in trading can differ from one brokerage to another. Brokers aim to attract traders by offering lower spreads, which can make trading more cost-effective.
Continue Reading at Hidden Costs in Forex Trading You Should Be Aware of
Is there a broker that supports one click trading?
Of course. Here are some of them:
Continue Reading at All You Need to Know About One Click Trading
How can I protect myself to avoid getting scammed by brokers again?
- Try again. You've already had the experience now and can choose better.
- If necessary, check them out with your local financial authorities, and ask what they can do if you are scammed again.
- 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.
- Take immediate steps to protect your financial accounts and personal information.
- Contact family, friends, or support groups to share your experience and seek emotional support.
- Learn from the scam experience by educating yourself about common fraud tactics, warning signs, and ways to protect yourself in the future.
- Use the experience as an opportunity for personal growth and learning.
- 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