Forex Brokers That Accept Mobile Network Operators Payment Method for Deposit and Withdrawal
For many years, forex traders were forced to sit in front of their desktop computers. However, much like many other industries, the forex trading market has offered the convenience of trading on mobile devices, such as smartphones and tablets. Mobile trading will ease your trading activity in around of full schedule, either with work, family or social commitments, whose taking up a large part of your time. Instead of using your mobile device for shopping, keeping a calendar, or chatting with your friends, you can now use it to trade Forex through a mobile Forex app.
Below you will find some forex brokers that have developed their mobile trading platforms for clients.
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Additional FAQ
How to avoid artificial slippage in ECN brokers?
There are two steps you may take to avoid falling prey to artificial slippage:
- Steer clear of stop orders and make use of limit orders instead.
- Add decreased slippage parameters to your expert advisors (in case you are using EA).
Continue Reading at Can ECN Brokers Cheat on You?
Why do brokers usually not attach bonus withdrawal requirements?
Brokers usually do not attach specific requirements for the withdrawal of bonus profits because they are purely derived from the trader's hard work.
So if you focus on withdrawing this bonus profit, you will benefit more because you can make a profit from the extra money and not be burdened by the obligation to trade some ridiculously huge lots.
Continue Reading at How to Avoid Bonus Withdrawal Problems
What are the type of broker's regulatory status?
When it comes to a broker's regulatory status, there are a few terms that you should know such as registered, regulated, licensed, and authorized.
- Registered: If a broker is "registered", that means that the broker's registered as a company in a certain country and has one or more offices in that country.
- Regulated: If a broker's "regulated", that means it has obtained a license to operate as a broker in a country and is listed under the country's regulator.
- Licensed: It means that the broker has obtained a license to operate as a broker in the country and is protected by its laws.
- Authorized: If a broker's "authorized", that means it has the authorization to operate at a certain capacity in a country, but not necessarily as a forex broker.
Continue Reading at Forex Regulation Insights: Defining Your Broker's Status
What is the estimated operational cost required for a CFTC-regulated broker?
Forex brokers in the US are expected to have at least $20 million in operational capital.
Continue Reading at Comparing US and Offshore Forex Brokers
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