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Know your Forex Broker, be informed, stay ahead and know your rights!
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How to recognise a real STP Forex Broker?
A real STP broker has become a unicorn. Tell us if you find a real one since they aren’t so many anymore. Many brokers use as a selling tool the label STP broker but it is not always the case. Finding out how to recognize a true STP broker can be really challenging and frustrating if you don’t know what to look for and where to look for it.
In this episode, we will show you simple things to look for and understand the execution venue of a broker.
#FOREX #BROKERS #STP #MARKETMAKER #FOREXTRADING #LEVERAGE #INVESTMENTS -
7 simple ways to check if a broker is legit!
The problem with the fake or unregulated brokers is that bad things may happen to you, such as:
Trading against you causing you to lose your entire capital
Trading on your account without a license
If you do make profits you might not be allowed to withdraw funds
Broker no longer exists/disappears
Stolen personal data
So, to avoid these bad things, I put together 7 simple and main things to look for on a broker’s website, that will show you if your broker is legit or if your money may be misplaced. -