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Forex Brokers with Free Education

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Forex trading education doesn't have to cost a high price. You can actually get it directly from the broker where you trade. Nowadays, almost all brokers provide clients with educational articles. The following brokers take it a step further by educating clients via webinars, seminars, online courses, and other tutorial means.

 


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Additional FAQ

Forex brokers can be categorized into several types, each serving a distinct group of traders:

  1. Prime Brokers: These brokers are primarily used by professional and experienced traders.

  2. PoP (Prime of Prime) Brokers: PoP brokers primarily cater to retail traders and deal directly with liquidity providers.

  3. STP (Straight Through Processing) Brokers: STP brokers often label themselves ECN or STP model brokers and aim to provide direct access to the market without a dealing desk.

  4. DD (Dealing Desk) Brokers: DD brokers create their market and act as the liquidity provider.

Continue Reading at Trading Commission Based on Forex Broker Types

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

Local brokerage executives and regular traders in Nigeria believe that forex traders will be safe trading within their own risk limits. Many traders in these countries feel safe when trading with foreign brokers.

They feel safe because the international brokers they use is a European broker and is regulated by European regulators. Despite this, trading experts in Nigeria believe that the notion would only apply to experienced traders; beginners would still be at high risk as they tend to be gullible.

Continue Reading at Is It Safe to Trade Forex in Nigeria?

Sadly, the answer is most probably not.

Continue Reading at How to Recover from Forex Broker Scams