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Be cautious of trading brokers
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[QUOTE="FXOchartist, post: 328229, member: 90221"] Choosing a broker is important for all forex traders because not all forex brokers in the world are brokers who really have a good reputation, there are several criteria for choosing the right broker, and here are tips that might help you. [list] [*]Choose a broker that is regulated, Top-tier regulators such as ASIC and FCA are regulators that have strict rules to protect investors, and brokers that are regulated by ASIC and FCA are considered safer from fraud. [*]Compare spread costs, commissions, available trading instruments, payment methods, and supported trading platforms. [*]Try looking at reviews of traders who have used broker services, for example on the Truspilot site which is an independent site for reviewers of various products and companies. [*]And you have to be wary of fraudulent brokers, who may have the same name as a broker that has a good reputation, but this could be one of the signs of broker fraud. [/list] [/QUOTE]
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Be cautious of trading brokers
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