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AAFX Trading - broker reviews and overview
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[QUOTE="FoxInMyShirt, post: 191046, member: 71373"] Hey I am having something similar happen on FairForex and I think that some of these brokers may be into some type of market manipulation and will close out trades without my doing or permission. I was watching XAU one morning and I was waiting for signs of a reversal in trend before pulling with a lucky couple cents because It looked like my signs of a buy had been wrong. Moments later sellers had a haymaker drop price way down and the market pulled my trade. I was making the mistake of over leveraging my $100 account. Although my issue is the fact that I saw that this push was welllll over done and wanted it to atleast go up to a couple dollar lose rather than 45. I would've ended up making a lot of money with due diligence but with tricky hands and a bad broker I busted a challenge account. I am not a pro trader I must add I am only an amateur but what better way to test brokers, strategies, and overall knowledge than to challenge yourself. I hope you take my advice by saying that NO unregulated broker can or should ever be trusted and unfortunately Forex.com and Oanda seem like the only real options although they are within the annoying us regulations that hate the poor and make it difficult for many people to open accounts and even limits the leverage a bit but the room for profits are still very high as many 1:400 leverage account truly only see 1:50 leverage rewards and loses due to rigged margins and such. Poor or no regulation is a terrible sign when it comes to trust especially with money. [/QUOTE]
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