How to Select a Trustworthy Forex Broker ?

How to Make Sure Your Forex Broker is Trustworthy ?

Forex Broker Scam

Google searches forforex broker scamswill show you how many unscrupulous and questionable brokers there are.
Why are they even in business?
And how do they scam traders?
What can you do to make sure your broker is trustworthy?
In this article, we will try to answer all of these questions.

When you’re ready to become a trader, it’s up to you to identify which brokers are reliable and which are not.
Однако, Обучение трейдингу здесь, чтобы помочь вам, проведя вас через шаги, которые вы должны предпринять, чтобы выбрать надежного и регулируемого брокера для торговли..

Чтобы отличить авторитетных брокеров от сомнительных, мы составили список вещей, которые вы должны учитывать при поиске нового брокера.

Обзор сайтов :

  • Такие сайты, как Trustpilot содержат много информации о всевозможных компаниях, включая форекс брокеров. Прелесть этих независимых обзорных сайтов в том, что они содержат комментарии только от пользователей..
  • более того, you can check the broker’s average rating, which is calculated based on all of the reviews left by customers. This can solidify your final decision further.

Frind Recommendations

forex trader friends
  • Often novice traders get interested in the forex market because they know someone who’s been trading for a while. Nothing beats the word of a friend or a family member since they have no reason to mislead you.Even if they use another broker, they can surely point you in the right direction.
  • An investment advisor may also be able to assist you. Since their reputations are on the line, it is unlikely that they will lead you to an unregulated, questionable broker.

Regulatory Organizations

forex brokers regulations
  • Regulatory information should be listed on the broker’s official website.You might also consider going directly to a regulatory organization, as legitimate brokers are legally required to register with the SEC in the US, the FCA in the UK, or the ASIC in Australia. A broker’s registration, status, or any disciplinary action against them might be listed there.
  • These databases cannot be manipulated and will give you a clear picture of a broker’s past.

Check Social Media Channels

Forex broker channel social review

You should check the official social media channels of your broker, usually on their website. Be aware of signs such as:

  • Followers versus engagement rates.
  • Social media reviews left by customers.
  • Comments left by customers onpublications.
  • How efficiently the company responds to comments (if at all).
  • Тип и качество контента, который они публикуют, так далее.

ОСНОВНЫЕ ВЫВОДЫ:

  • Наличие брокера, который не отвечает вам, может быть красным флагом, что он не заботится о ваших интересах..
  • Проведите исследование, проверьте, нет ли претензий, и читайте мелкий шрифт на всех документах, чтобы не быть обманутым сомнительным брокером.
  • Сначала откройте мини-счет с небольшим балансом, и торгуйте в течение месяца перед попыткой вывода.
  • Your broker may be churning if you see buy and sell trades for securities that don’t match your objectives.
  • Review all your documents and discuss your course of action before taking more drastic measures if you are stuck with a bad broker.

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