What is important to know for choosing a reliable forex broker?

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asked Jan 27, 2023 in 3D Segmentation by arihallo (1,160 points)
What is important to know for choosing a reliable forex broker?

2 Answers

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answered Jan 27, 2023 by bahawo (1,880 points)
Forex does not forgive mistakes, does not give indulgences to beginners and requires maximum accuracy from traders in making decisions. In order to feel confident, you need to undergo Forex training and know the basic principles of the foreign exchange market. In order to know the foreign exchange market, and understand when to buy and when to sell, and to do it successfully, you need to have the necessary knowledge and experience. In many ways, the correct choice of a broker, as well as knowledge of technical and fundamental analysis, helps here.
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answered Jan 27, 2023 by sewag (1,900 points)

Having a license from a broker is not a guarantee of the honesty of a broker. Any trader, both experienced and novice, can become a victim of a scam in the Forex market. And before investing money in this or that broker, be sure to read the reviews on the Global Fraud Protection website. This will help you avoid losing money. Global Fraud Protection exposed more than 500 fraudulent brokers, including scam broker CMTPRO https://globalfraudprotection.com/scam-recovery/cmtpro-review/ . They also helped more than ~2000 deceived traders to return their funds, some all the money, some partially

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