In investing forex trading, broker presence is absolutely necessary. You will not be able to trade without a broker unless you are trading manually to the money changer. Well, tips this time is how to choose a broker who will guarantee funds / deposits are secure. Imagine if you've got profit from forex trading results with great difficulty and at the time you wish to withdraw that money can not. because your broker scammed you. Very disappointed not it? Some even up to become mentally unbalanced. It has been widely experienced by many traders in the world, especially those still newbies or beginner like me. At present very many forex brokers available, so make us dizzy in choosing. But it is actually quite easy if we choose forex broker safe.
Here some suspicious signs that need to be aware before you invest your funds in a brokerage firm:
1. Suspect every investment scheme that is too good to be true.
The bad news forex is not a get rich quick scheme. Forex same as any other business. Require perseverance and hard work of the investor to get ahead.
2. Avoid companies that promise big profits for the funds you invest.
Yes, All of the above comments issued by a broker should you suspect. Get completely informations in some forex forum. Don’t be alone trader or you will be eat by “hunting fox”
3. Avoid companies that promise no risk at all in trading forex through them.
This is the biggest crap I've ever heard. Bah! Even selling out in any market there is much less risk of losing money with forex investment? We did not discuss about the risks of forex trading here, but think carefully: what is not risky business? Even crossing the road there is any risk.
For those of you who think investing without the risk I say: Do not dream of perforated Benefits of Sleep! Arise! If you want to succeed there is no way a substitute for perseverance and hard work. Working hard to determine the investment policy. Working hard to determine the appropriate timing. Working hard for the analysis of capital and risk management. What they did not need to be considered?
4. Do not engage in margin trading unless you know what that means.
Margin trading is like a magnifying glass. He is useful to enlarge your profit opportunity. But he also can make "good" your loss. So, watch out! Once again, learn at least the risk in forex before you start an investment.
5. Question those who claim that they are trading through the "Interbank Market"
Some brokers claim that they continue their customers through the interbank market transactions so that they can obtain better prices for themselves, so no need to burden its customers with transaction costs and other costs.
Interbank Market generally used by banks world-class for the process of granting and applying for loans among banking institutions. Interbank Market does not involve small banks let alone a brokerage firm with assets "only" hundreds of millions of dollars. Well, things are exaggerated when a broker who was not named said they had access there.
6. Be careful for any payment processing via the Internet and does not involve transfers between banks.
Some brokerage firms to open convenience of payment by e-gold, pay Pall,LR and a myriad of other payment methods. It is not believed, but customers often forget to see the information beneficiary (beneficiaries) of funds due to payment method is easy to overdo it and then click finish. Once they click they usually just remembered where the funds transferred to or through what and where the address of the recipient. Yes it's too late anyway. Many brokerage firms such as this is not a member of the NFA,FSA,and CFTC. I recommended you here.
7. Usually illegal brokers make promotion target to developing countries or certain ethnic.
Psychologically it is easy to understand. The lack of knowledge of them with money in countries such as Indonesia to make fraudulent action becomes easier (huh ... the fate of citizens of developing countries so yes here,^^). All we can do the best trade if we will to learn more and work hard.,so why think that they -successed trader-are more intelligent? Ha ... ha ... ha,does this really so patriotic.
8. Make sure you know the track records of the company you invest.
Well how was the track record that speaks. It is a testament to the dedication and the work of these brokerage firms. So do not be fooled. If they do not even want to tell their track records or company background, leave it and find another place for investment.
9. Find a third opinion from those who have invested there
This is tricky. Sometimes there are many illegal brokers accomplice tried to submit a positive campaign on independent forums for mengatrol their position. Be smart looking. Once again start with an opinion too good to be true is not true. Suspect those who commented so positively in order to filter out all information.
10. Contact your investment advisor before investing
Well, if you are still in doubt, call those who are more familiar about trading forex trading and ask you if the security fund to invest in companies that he wanted you choose.
So, where are we invest to forex broker?. Can you give me recommendation?. Well I will give you next time..so, keep with my blog, ^^
Tags: forex,business,money, invest
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