Forex Brokers That Accept Swiffy Payment Method for Deposit and Withdrawal

They are different in terms of service. A broker makes money by bringing together assets to buyers and sellers. Meanwhile, a market maker helps create a market for investors to buy or sell securities.

Continue Reading at What Does a Market Maker Do Behind You?

Forex broker commission is a transaction fee traders must pay, often for each lot traded. This fee is essentially an integral part of a trader's regular expenses. The commission serves as a source of income for the broker and is also used to compensate their trading partners, such as liquidity or technology providers.

Continue Reading at Trading Commission Based on Forex Broker Types

Another important point about day trading is the right broker because not all brokers are ideal for day trading due to the high volume of trades involved. In this case, traders have to carefully those who have platforms built to cater to the needs of day traders, advanced charting tools, and make it possible to place and modify complex orders in quick time.  

This is why brokers with high speed, low costs of executing trades, and reliability are more suited to the high volume trades that are constantly seen with day trading.

Continue Reading at Is IC Markets Good for Day Trading?

You can make a complaint with the regulatory authorities governing the forex market in your jurisdiction, such as  FCA, ASIC, CFTC, or CySEC.

If you made any payments or transactions through banks or payment processors, inform them about the fraudulent activities. They may be able to provide assistance or initiate an investigation into the scammer's accounts.

Continue Reading at How to Recover from Forex Broker Scams