Forex Brokers in New Zealand

Market makers and dealing desk brokers are similar in that they both facilitate trades within their own platforms, but they are not exactly the same.

Market makers typically provide liquidity by creating a market for traders, while dealing desk brokers may take a more active role in managing orders, which can lead to potential conflicts of interest.

Continue Reading at Are Market Maker Brokers Always Bad?

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

Not only holds a license from local agencies like LFSA, a good broker for Malaysian traders should operate in the country and has a headquarter or at least a branch office there. This is to strengthen their presence in the Malaysian finance industry as well as optimize their service for clients who need offline consultations.

Malaysia is globally known as a Muslim country that has anchored Islam in its constitution as a state religion. Therefore, it is crucial for a forex broker in Malaysia to ensure that their service adheres to Sharia Law. This is usually accommodated into an Islamic or swap free account that eliminates swap rates for overnight positions.

Continue Reading at Top Forex Brokers for Malaysian Traders

Because of its nature, many brokers set some definitions and limitations for applying a scalping strategy. A forex broker may arrange terms such as the minimum pips for every stop loss and profit target, the minimum duration of a holding position, or other terms related to scalping. Although most brokers now allow their clients to apply the scalping method freely, some prohibit the strategy strictly.

Furthermore, some brokers may say that they allow scalping but then set some limitations for clients' orders that are suspected of practicing scalping. This usually results in brokers' intervention, resulting in clients' loss. In other words, some brokers may try to discourage scalping indirectly by using hidden strategies that put their clients at a disadvantage.

Continue Reading at The Secrets of Successful Scalping Strategy