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Forex Brokers That Accept Nordea Solo 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?

FCA-licensed forex brokers are generally considered trustworthy, because:

  1. The company has fulfilled FCA's minimum capital requirement. A dealer's license that allows the company to run a "market maker" business needs EUR730,000. An intermediary license where the company could facilitate STP execution needs EUR125,000. The cheapest is a restricted broker license in which the company cannot hold client funds, as it only needs EUR50,000.
  2. FCA will monitor the company continuously to ensure the segregation of client funds, monthly report and audit, efficient management including AML and KYC procedures, and proper risk disclosure for clients.
  3. FCA-licensed forex brokers are prohibited from manipulative trade practices, such as entering into positions against their clients. Brokers also should not make unrealistic promises or offering monetary benefits to encourage clients to take risky trading decisions.
  4. FCA-licensed forex brokers should not offer extreme leverage. Since mid-2019, FCA requires brokers to limit leverage on CFD trading between 30:1 and 2:1.

Continue Reading at UK FCA vs ASIC, Which Forex Regulator is More Reliable?

The most common and frequently occurring characteristics are:

  1. Difficult deposit and withdrawal processes.
  2. Sudden and unexpected changes to key features.
  3. Poor customer service.
  4. Negative reviews.

Continue Reading at Broker Red Flags: Signs You Should Leave Your Broker

  1. Welcome bonus: a reward to greet new clients for their initial account opening
  2. No deposit bonus: gives you the opportunity to trade without depositing any money
  3. Deposit bonus: a forex bonus that applies to every deposit, thus benefiting all clients; both new and recurring.

Continue Reading at Forex Deposit Bonus: 5 Things Every Trader Should Know


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