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Forex Brokers That Accept Wechat 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

Several forex companies of Russian origin have moved to Europe -mainly Cyprus and the UK in order to ease global expansion. Here are some of them that might be good for you:

  • Exness
    Exness is authorized and regulated across Europe through MiFID II. Exness is very suitable for traders with low capital requirement and various account offerings.
  • XM Group
    XM Group is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec), legitimizing its operations across Europe.
  • Alpari
    A few years ago, Alpari was the most famous Russian forex broker worldwide. Its popularity dropped following tragic losses suffered by its UK entity in 2015. Currently, Alpari only registered in Belarus and St Vincent and the Grenadines. Nevertheless, Alpari is still one of the favorite brokers for Eastern European and Russian residents.

Continue Reading at Best Forex Brokers in Russia

Believe it or not, you can ask the broker directly. Some ECN/STP brokers openly state that they mark up spreads because they feel they have the right to do so.

You can also check the authenticity of spreads from an ECN/STP broker that (perhaps) covers up its spread mark-up by directly comparing the broker's spread with the actual market spread.

Continue Reading at Forex Broker Cheats and How to Anticipate Them

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

Here are some factors that determine a broker's quality for scalping.

  1. Low spread: The spread will bring a very significant impact as scalpers could trade multiple positions during a short period of time.
  2. Complete trading tools: Scalpers are always more focused on the action and reaction pattern of the price movement from time to time. Therefore, they need a complete and qualified technical analysis feature. 
  3. Allow scalping: Scalping can be restricted or not allowed in some brokers, so it's important to make sure that your broker has no certain conditions on the strategy.

Continue Reading at The Secrets of Successful Scalping Strategy