How can you avoid getting scammed by brokers while Forex trading?
- This should seem obvious, but you pick the broker. You go to the broker. Do not let anyone else take you to a broker! Ever!
- Look for a broker who doesn’t trade against their customers. Terms to look for are ECN or STP
2 respuestas
Respuesta de frank smith
What you definitely need is to check whether your broker is a scammer beforehand. It can be dome pretty easy on that resource like fake investment scam https://scambrokersreviews.com/forex-scams/cash-fx/ and be sure that your money is not under risk. Nowadays such companies help people all over the world to avoid risk and scam from brokers. I hope it will make sense to you. Good luck
Respuesta de gloria backer
Before investing in a broker, I would check if the chosen broker is legitimate by looking into forums like FPA and ForexFactory where other traders would have used it and left their reviews if it is a good broker or bad.