Who is the Most Popular Broker?
Somehow suddenly there was a cursory dangdut in the head. In likes dangdut also not.
Yes. The world is getting worse.
Song "Kimcil Kepolen" only, could be trending in cyberspace.
But what we discussed this time is certainly not about that. But about Online Forex Brokers who dominate the search list of Traders in cyberspace.
Who are they?
Then, who among them is the most popular?
Criteria to evaluate a forex broker
When deciding to invest in forex, one of the important decisions is to choose in which broker FX is going to operate. Marketing campaigns are usually quite aggressive and all focused on how much money can be earned. Without a doubt, you can earn a lot of money, but that if you are a good investor does not change regardless of the broker. What does change and a lot is the money that can be lost. If investments go bad, online brokers can do little. It is your responsibility and there is nothing to say. What is not admissible in any way is losing money because the broker is a scam and we do not want to return it. That's why the first thing you should make sure is that the broker is not a scam. If there is the slightest suspicion of any type of scam, we recommend that you choose another broker from our list available at the top of this page.
How to know if a forex broker is a scam
Indeed, the most important factor for you to choose the best forex broker to trade currencies should be security . But, how do we evaluate if a broker seems to be a fraud? Here we point out some checks that should never be missing.
Regulations : FX brokers are companies through which they reach the financial markets and, therefore, if they operate with a license in a European country they must comply with a series of regulations. The most important of these is the MiFID. Knowing that a broker must comply with your requirements is undoubtedly a guarantee of peace of mind.
Physical address and contact information : Generally fraudulent brokers do not have real physical addresses. The fact that a broker has one or several locations, is a small factor that contributes to that we trust a little more of him.
Encryption of the information : Few companies that dedicate themselves to receive online transactions ignore this requirement, but if one is found, it is certainly not advisable to send them money, at least by telematic means.
Terms and conditions : Many of the problems in which the brokers are accused of scams for not letting withdraw the money are linked to the welcome bonuses. That's why in Scam, if there is, we explain them to you.
Methods of entry, withdrawal and requirements : Many times they are annoying for customers, but having an identity verification process, before sending money to customers is mandatory. Without it, any scammer could withdraw your money just by getting your password.
Customer service : More than a security element, it is an element of tranquility. In any case, if you do a good job with the information you can avoid many unpleasant situations. Another small factor to consider.
Analyzing all these factors for each broker, you can better evaluate if it is a legit platform or rather it looks like a scam. At Estafa.info we want to help you decide, but we believe it is essential that you know what we rely on when making our affirmations.
Other factors to choose a forex broker
In addition to security there are other important factors. Luckily, there are currently many brokers regulated in European countries and licensed, so you can make your first selection among them and then analyze these other features to make your final decision.
The second fundamental factor for choosing a forex broker is its offer of services , that is, in what currency pairs will I be able to operate? In addition to forex, does the broker have other investment possibilities? Having a good diversity of offer is undoubtedly a great service for private investors, who have traditionally had to settle for operating in national markets, so expensive to access international. Other interesting factors are the possibility of investing from the mobile with an app that is stable, the existence of welcome bonuses and promotions and that has a good variety of methods of income and withdrawal of money.
conclusion
The investment in forex is tremendously interesting, as much for the vibrant of the variations as for the great returns that can be obtained. However, the emotion should be restricted to the investment itself, and there should never be any uncertainty about whether the broker is going to return your money or not. Therefore, you should be careful with fraudulent web pages that appear every day to hunt for unsuspecting investors. Making a good analysis of the security and offer of the broker is the basis for making a good decision. For this reason, in Estafa.info we have carried out reviews and in-depth analysis of a large number of brokers. In the table at the top of this page you have the best FX brokers and in the column on the right you can see all available reviews.
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