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Forex Brokers That Accept Ewallet Linkaja Payment Method for Deposit and Withdrawal

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Recognizing the best forex brokers is not just a matter of identity and basic trading needs. 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.


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Score Broker Payment Country Min Deposit Max Leverage
Additional FAQ

There are two steps you may take to avoid falling prey to artificial slippage:

  1. Steer clear of stop orders and make use of limit orders instead.
  2. Add decreased slippage parameters to your expert advisors (in case you are using EA).

Continue Reading at Can ECN Brokers Cheat on You?

In order to avoid such a disadvantage, we have to know who the broker's liquidity providers are and their shareholders. Regrettably, it is impossible.

Few regulators require brokers to declare their liquidity providers' information publicly, and even fewer brokers are open about their shareholding information.

Continue Reading at Can ECN Brokers Cheat on You?

Generally, there are five major factors to consider when choosing a broker and they are:

  1. Level of regulation: You need to know if the broker is subject to the regulations of the Central Bank of Nigeria and if they operate accordingly. A lack of regulation should be a red flag and set off alarm bells in your mind.
  2. Trading platform: How does the trading platform look? Is there a registration number on the website that can be verified? Is a demo account available where you can test strategies and other account features?
  3. Currency pairs being offered: What kind of currency pairs does the broker have on offer? Is it just the minor pairs or exotic pairs that have low liquidity? Are major pairs that have high liquidity and are more profitable available?
  4. Account features: how are charges and commissions deducted and what are the percentages? What kind of leverage and margin accounts are offered? And what are the terms of deposit and withdrawal? 
  5. Customer service: Is the customer service reliable? Can they provide succinct answers to your inquiries?

Continue Reading at Identifying Fake Forex Brokers in Nigeria

There are only about 2% of the total number of all brokers around the world that are fair. They are Direct Market Access ECN/STP (a-book brokers). These brokers will send all of your trades to the interbank market without any conflict of interest.

Continue Reading at Exposing Forex Broker Secrets


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