Demo Account Guide
Demo Account Guide
R

Forex Brokers in Finland

HOME / COUNTRY / FINLAND

Recognizing the best forex brokers is not just a matter of making sure of its security and basic trading features. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.

The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.


Scroll for more details

Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

Believe it or not, you can ask the broker directly. Some ECN/STP brokers openly state that they mark up spreads because they feel they have the right to do so.

You can also check the authenticity of spreads from an ECN/STP broker that (perhaps) covers up its spread mark-up by directly comparing the broker's spread with the actual market spread.

Continue Reading at Forex Broker Cheats and How to Anticipate Them

Regardless of what methods they use, you can identify blacklisted forex brokers with these suspicious attributes:

  1. Promises of big profits
  2. Claims of no risks
  3. No reputable regulation
  4. Unprofessional practices
  5. Questionable platforms
  6. Fake rating
  7. No SSL certificates

Whether you have already signed up to a forex broker or are about to commit yourself to one, here we provide you with a checklist to assess the reliability of a broker:

  1. My broker holds at least one license from reputable regulators such as FCA, ASIC, CFTC, etc.
  2. My broker's website has an SSL certificate.
  3. My broker offers reliable trading platforms such as MT4, MT5, cTrader, etc.
  4. My broker does not interfere with the withdrawal of my funds.
  5. My broker does not ask me about my debit/credit card information.
  6. My broker does not make unrealistic promises and claims.
  7. My broker has quick and responsive customer support.
  8. My broker receives great ratings and reviews from multiple reliable and independent sources.
  9. My broker accepts payment with standard methods, such as Visa/Mastercard, Wire Transfer, PayPal, or Skrill.
  10. My broker does not rely on its operation around additional services like binary options, PAMM, etc.

Continue Reading at Top Blacklisted Forex Brokers You Should Avoid

Collect all relevant documents, communications, and transaction records related to the scam. 

Some evidence you can gather are:

  • Screenshot of your trades
  • Communication records
  • Account statements
  • Transaction history
  • Terms and conditions of your broker
  • Testimonials from other traders

Continue Reading at How to Recover from Forex Broker Scams

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:

  1. Generate additional fees or profits.
  2. Manage liquidity in the market.
  3.  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?


Country

Broker Categories