EVERYONEOriginally Posted by ;
Some are better than other's but it is a lightly regulated retail made market
even if it's an ECN it is nevertheless a made market.
The only way you exchange on the true interbank FX market is if you're a massive bank, fund, or cap trader, sometimes only calling the desk of another bank and placing an order. OR by trading FX FUTURES.
All of them know everything we do. AND THEY ALL have their own methods of
scamming.
If you wish to read about a true broker that has been shut down as a result of
STEALING ALL THE CLIENTS MONEY.
Get a listing of brokers
Go to the NFA's website
visit the broker or corporation research and find out why who and what they were closed down for.
Start with Crown FX
Here is the connection
http://www.nfa.futures.org/basicnet/
the farther you dig the dirt you find.
And believe me it get's awful. Offenses, accusations, thefts charges,
Look into Florida Forex Sc on a internet search.
Originally Posted by ;
Not only Licensed....but make certain that they are Regulated by the particular authority, simply because a broker is registered/licensed with a particular authority, it does not mean that they are necessarily regulated/governed by that jurisdiction. .
I am using instaforex also, as I used to participate their competition forum. Withdrawing is still no issue for me. They cover almost immediately. If someone ask but I do not know. Days when I had been having bad times. I saw, a number of my trades will be getting stopped out for 1 pips. I smell like stop searching. However, not certain or it might be actually my fortune.
Stay away from Tradefort. They'll change your statements so you lose all the signs to get a dispute. Instaforex will seize your profit from news trading. They might not allow scalping if it's written somewhere.
Doesn't pay income, does not answer email.
http://www.robustfx.com/EN/Default.aspx
For the time being,im trading with hotforex..they possess a wonderful customer support..so if I had a problem,they can fix it immediately..all brokers had a bad and good reputation . .so begin investing with small capital and try them first.good fortune
Nearly my regional brokers are scammer. I really don't understand why but the commission is too high 30-40$ / lot and they wait to pay.
Yes no one has withdrawal trouble with instaforex. They're professional fraud broker. They do lots of thing to bankrupt you. For instance when I failed to pending orders, until the price meets my pending order's price, the broker execute it. No just a couple of times, all the time. Or whenever you are in draw down the broker reduced the leverage and you can't open new orders to manage your lure down. Freezing prices along with other stuff ...Originally Posted by ;