Forex Brokers That Accept Jcb Payment Method for Deposit and Withdrawal

To avoid being scammed by a malicious broker, here are some red flags that you need to watch out for:

• The broker seems to enforce the get-rich mentality to new clients and encourage them to invest a lot of money.
• The broker promises a high return or success.
• There is little, ambiguous, or no contact and background information on the broker.
• The broker constantly promotes unsolicited marketing.
• There are negative reviews from previous clients and market regulators about the broker.

It is worth mentioning that apart from brokers, you should also be aware of scammers that disguise themselves as professional traders, law firms, and other entities that claim to be a part of the government's services.

Continue Reading at Do You Have to Trade with Regulated Brokers?

Here are a few of the best brokers that Singaporean traders use:

• OANDA: Regulated by MAS (200704926K).
• Plus500: Regulated under MAS (201422211Z).
• Saxo Broker: Regulated by MAS under license number (200601141M).
• Interactive Broker: MAS-regulated broker under license number (CMS100917).
• City Index: MAS regulations with license number (201130598R).
• AvaTrade: Offers SGD trading and local customer support.
• FBS: Offers local customer support for Singaporean traders.

Continue Reading at Top Forex Brokers in Singapore

There are many brokerage companies that suit the criteria, but these names are often stated as some of the most popular (if not the best) ones:

1. Exness: Known for instant withdrawals and significant growth in volume trading during recent years.
2. FBS: Possibly provides the most flexible trading conditions in the industry, and is trusted by millions of traders.
3. eToro: A hybrid market maker broker renowned for offering one of the most widely recognized social trading platforms globally.
4. AvaTrade: Having amassed a global clients of over 400,000, this company conducts an impressive volume of 2 million transactions per month.
5. XM: With the capacity to attract over 5 million clients from around the globe, this company executes an astounding 2.4 billion trades.
6. CMC Markets: Recognized as the top market maker broker for forex trading, it generated an impressive revenue of £461.3 million in 2021.
7. Interactive Brokers: The go-to market maker for professional traders.
8. IG: The parent company recorded an annual revenue of £863.0 million in 2021 and boasts a market value of £2.9 billion.

Continue Reading at Are Market Maker Brokers Always Bad?

To start a brokerage business in Spain, you can contact the National Securities Market Commission (CNMV). The CNMV is the local regulator responsible for supervising and licensing financial markets and entities, including FX/CFD brokers.

Continue Reading at 3 Interesting Facts of Forex Trading in Spain