Which are the few scam brokers?

5 Views
Christopher Campbell
Answered 3 years, 2 months ago
<p><br>Not all brokers are scam, some are genuine as well. I have been trading with Turnkey Forex and HYCM for a long time and they are quite trustworthy. You can check their features over the website. The deposits and withdrawals are quite easy and seamless. They process the withdrawals real quick and whenever you require. The spreads are tight and price feeds are transparent, you must try them.</p>
4 Views
Richard Cross
Answered 3 years, 2 months ago
<p id="isPasted">Let me tell you. Most brokers are Legit. It’s the people who say; Gove me some amount I invest for you. Those are scammers. and they should be avoided in all circumstances. Besides, do you have the right knowledge concerning trading??</p><p>Most people think that the BROKERS rig them, but in real sense they dont know what they are doing!</p>
2 Views
Albert Buchholtz
Answered 3 years, 2 months ago
<p><br>I think gone is the time of scam brokers because one can now easily look up for online reviews and check whether the broker is regulated or not. Fake or scam brokers are generally unsupervised and vice versa. Fxview, Oanda and XM are some of the genuine brokers who have their policies well laid out which are generally trader-friendly. Other things that make a broker trustworthy are: fast deposits and withdrawals, quick order execution, and low spreads and commissions.</p>
1 View
William Cummings
Answered 3 years, 2 months ago
<p><br>You need to look for a broker which provides low spreads so that the cost of trading is less and your earning is more. You should go for ECN brokers as there spreads are raw without any mark ups. You can even check the spreads of any broker on their demo account before moving to the live account. I am currently trading with Turnkey forex and not only their spreads but their commission is also lesser than most of the brokers.</p>