Forex Brokers That Accept Yandex.money Payment Method for Deposit and Withdrawal
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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Unlike fly-by-night brokers and pyramid schemes, bucket shops do have functioning trading activities, albeit for malicious intents.
Bucketing itself refers to practices by which brokers illegally generate profits from their clients' trades, such as frequent price misquotes or re-quotes,s in order executions, etc.
For example, a trader executes a buy position of EUR/USD at 0.8294. The broker confirms the transaction has been made while the truth is the order will be executed later when the price is at 0.8298.
The difference of 4 pips is kept by the broker as their own profit; a fact that will never be revealed to the trader.
Continue Reading at Top Blacklisted Forex Brokers You Should Avoid
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
The issues that are often mistaken for broker problems are interrupted trading orders, slippages, requotes, spread widening, and withdrawal issues.
In fact, most of these issues can be caused by market volatility.
Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps
These 5 forex broker secrets can be the keys to differentiating between a good and bad forex broker:
- Market makers are not traders' enemy.
- So-called NDD brokers are actually ECN/STP brokers.
- Bonuses are brokers' hidden fees.
- Scammers could easily pose as forex brokers.
- There are A-book and B-book brokers.
Continue Reading at Exposing Forex Broker Secrets