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How do I know if I can trust a forex broker?

  • To tell the story short, as my uncle says, you`d better make your own choice by making mistakes. He is a forex broker and says it works pretty well for him. Of course I do not recommend it to you right now, but as a future perspective why not;) I am not aware of all the details but he is pretty satisfied with his job and money paid. I started trading with fxcm trading https://www.forex-ratings.com/forex-brokers/fxcm/  because my says says they are the best.

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  • How do I know if I can trust a forex broker?

     

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    • Select a Broker that is well regulated in at least 1 or more of the following jurisdictions: FCA(UK), ASIC(Australia), BaFin(Germany), JFSA(Japan), NFA/CFTC(USA), and MAS(Singapore). NOTE: if the broker has several different companies under one group, ensure that the company name in which they create your account is under one of the above regulatory bodies! Many companies pull this disgusting trick on traders who live in different countries outside of the above jurisdictions I mentioned in an effort to rip you guys off. Be warned!! Ask them! Or read your account details and make sure the branch they put you is one of the countries that has proper regulation!

       

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    • Hey. You just have to choose the best. I can advise of the most reliable pair - FxPro and FP Markets. You can read about FxPro vs FP Markets here

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    • Hello. Thanks for such a great info

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    • Hi there

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