The broker we the traders have to choose which is more reputed by the traders and always ensures best trading environment for using any kinds of trading techniques with scalping and hedging by providing lowest trading spreads as well as minimum margin requirements. it would be great for us to lead a comfortable trading life with certainly.
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning against the forex brokers IMS FX and TechoFX. (https://www.forexbrokerz.com/news/Hong-Kongs-SFC-warns-of-IMS-FX-TechoFx ) Both are claiming to have addresses in Hong Kong, but the former’s claim is false, while the address of the latter belongs to a secretarial company. Worse still, they are making false regulation claims.
The best forex broker is very difficult to make sure right now. Because lost of trading brokers are available in this retail market place and most of them are found to be scams. We can choose the broker which is more appropriate to the concept of that will be used; the scalpers have to choose the broker which allows trading concept such as this.
These forums are very helpful in finding the right broker. But the only ways to find the perfect broker is by trying hands on the trading platforms of different brokers yourself and analyze their trading conditions may be in a demo or micro account. I am a US trader and went for offshore brokers after finding this link on babypips. https://forums.babypips.com/t/going-offshore-to-escape-the-cftc/35612 Maybe it is helpful for anyone here. Thanks.
In this market place there are almost thousands online broker are available and most of them are found to be scams. So when choosing a broker we have to be in cool mind, please don’t choose a broker in an emotional state, because the broker can affects the result of our trading with certainly.
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