all bad, you just need to have the facts. . There are many ways brokers can profit from your account including but not limited to slippage, price leaning, freezing up during volatile periods, or just calling it a day and filing bankruptcy. How will a large self-sufficient broker behave? Forex can surely be considered a type of freelancing, but not every active trader suspects that it requires serious training, knowledge and skills. Theres companies which selling kind of software for new brokers for example. Once a broker has obtained a license from one of the European regulators, it can easily accept traders from all EU countries. Forex does not tolerate false expectations. Forex does not tolerate unprofessionalism. Despite financial regulators they are can organize sneaky business of roping brokers clients. Is Forex simple and easy to understande?
The full truth about Forex, in fact, is that its possible to obtain reasonably good income here. And B booking brokers using this statistical advantage to make more money from losing 95 and paying profits from this money the remaining 5 percent of profitable traders. And yet, how to find an honest Forex broker? The Trade can be copied using MT4 terminal as well as FIX or any other proprietary protocol. And thats where many naive flatex forex hebel budding speculators fall into the trap of scammers.