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Do not forget that these regulatory bodies are private. Also do not forget that most brokers voluntarily decided to be get a license from these private bodies. So, do you think they will feel obliged to pay millions or thousands of dollars when they can work away. I am sure the regulatory bodies...

What I hate about forex brokers is their dishonesty. Although not all brokers are dishonest. One thing I have noticed about forex brokers is that they have volunteered to be monitored by Private regulatory bodies. These bodies do not even have government backing and they claim to regulate. If...

I don't know why the newbies aren't using the Forex Copy system. This way you don't have to do much, just follow what the Pros do. Which is better? To take a risk with your very limited knowledge or follow someone with the real knowledge until you grow stronger? You know the answer How to Use...

The lowest lot size I always use is 0.5, but that is when I am sure of my analysis.

Hahaha!! Who will you report to? You better watch who you choose to be affiliated to. Some of these firms are so hungry that they won't pay you commissions.

Do Brokers voluntarily ask for license from regulatory bodies or is it imposed on them? Are there any regulatory bodies that are part of the government? Can a regulatory body close down a brokerage firm for fraud? If yes, give an example I have seen these questions on other forums but...

Gainsy is spamming forums, unreliable broker detected Please if you don't have anything better to do.

Do you even know what Bitcoin is? Did you trade liberty reserve in the forex market? Lol.. I was hoping you would answer me

That is a variable spread for sure. How much do they charge per trade. I mean what is their trading commission for using variable spreads?

5mins - 1hour charts would be suitable for scalping as it gives you price movement for the duration you have in mind.

You said you are making progress with a demo account. Well, the answer to your question depends on: If you you are willing to control your emotions and be disciplined when you go live. So, yes, a simple strategy can make you consistent profit. This also depends on the broker. Choose your broker...

Well, my friends, as it turned out to be, not all regulated brokers are reliable and not all offshore or unregulated brokers are bad. So, the question is, does regulation really have any role in this business?

Yes of course, which broker do you use? and how have you been doing with them? Offshore brokers are better in terms of trading conditions. What do you think?

Brokers bring the market to common people and small time investors. Without brokers, people will be able to trade forex anyway, but these ones would be the big guys.

Forex is not the easiest way to make money. It is the hardest way to make money as a newbie. The presence of loss in this business is often intimidating.

Depositing in USD and depositing in CAD, does it matter? If you are using paypal, your money will be converted immediately.

Well, I am scared of affiliate forex programs these days. Unless you have contact with those whom you want to refer, the brokers will not always place a client under you. They have the ability to give you any client that you want. I was once an affiliate. I had about 6 clients registered under...

Condition for scalping includes: Low spreads, Rare slippage experience, Fast platform and low commission to your broker. If you want to scalp, an offshore broker would be best.

I agree with Rambo. I did not even look at your status as a representative. I think you should be in a good position to give us the answer to the question you have raised.

The question is: How do you get a broker to show you where and how clients funds are being segregated. Or is enough to put it in front of their website claiming to do so?