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How To Avoid Manipulations From Brokers
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[QUOTE="Holicent, post: 278720, member: 76163"] You are right on this. So many manipulative brokers out there, but there are more things to consider. If you're looking to invest and you've decided to go with a broker, there are a few things you should do to keep yourself safe. First, make sure you understand how the broker operates. What kinds of fees does he charge? Does he charge commissions? How often does he charge them? And so on. If he charges commissions, be sure that it's clear whether those commissions will be paid out in cash or some other form—it's important to know how much money is at stake here, after all. Second, make sure that your broker is registered with the Financial Industry Regulatory Authority (FINRA). You can find out if a broker is registered by visiting FINRA's website. Third, make sure that the broker isn't doing any shady business practices like selling fake stocks or giving you bad advice. Find out if they've been sued for fraud in either civil or criminal courts and talk to people who know them well if they have any skeletons in their closets that might affect their trustworthiness as an investment advisor. [/QUOTE]
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