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December 12, 2011

Now present to you the tricks that can fool you a broker for: -

1 - pricing is not transparent: -
Being seized of the market can be based and forex broker to quote prices that may not be suitable, but you can accept or reject and choose another broker. The prices that memorable Forex broker is the price you'll get so you can not do anything about it.

2 - Use of Leverage: -
That your broker when your trading in foreign exchange will make you prefer to use high leverage such as 100:1 or 200:1 in your trading. Since most forex traders is not sophisticated, they are overwhelmingly in the ease of exposing themselves to the light and get a trade in the market to achieve gains in the median return.

3 - try to brokers trade against you: -
The forex brokers acting as intermediaries between the retailer and the foreign exchange market between banks. Since that was the capital of most forex traders are very small in size and can not be replaced immediately in the currency market the banks, Forex brokers can get a chance to trade against you. If you go to open the centers of long-term, the mediator will go to the centers of short-term, and if you go to the centers of short-term, the mediator will go to the centers of long-term. Because most retailers are not good traders and lose most of the time, and this is what helps the forex brokers to make a profit.

4 - unfair practices: -
The forex brokers and owners of casinos have the same mentality: they do not like the winner. If you win a lot, and will be stacked against you in the house. The forex broker may be difficult to perform the start of your trades or deny service to you.Your business may not perform due to sliding. There are many tricks that you will be exercised by the broker you should beware of that.

Once you know these facts, you can use the scorecard to evaluate the different forex brokers.