How do i know genuine Brokers???

Discussion in 'Forex Brokers' started by judge, Oct 31, 2009.

  1. lee.belisar

    lee.belisar Confirmed Gdmfx Representative

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    Knowing a genuine broker needs thorough research and background and reputation checks. Do not just trust some good articles from some Web sites. Do the research outside so as to find some reviews not biased to that particular broker. It would be better to do such way as to really read reviews, feedback and reactions from end users.
     
  2. lowe

    lowe Confirmed ProfiForex Representative

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    I agree with you 100%, we should be thoroughly convinced ourselves before opening an account with any broker, the recommendations from others is just a help, we should properly follow your advice here. Sites like earnforex here can help from their main site on the page for forex brokers, good reviews can be gotten there. I saw my broker there too and it added to research!
     
  3. Kate

    Kate Trader

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    You'd better open a new thread something like "FX SYSTEMS" and post there. Every topic has your post with this text. This called SPAM or Advertisement. Don't you afraid your account will be banned?
     
  4. My friend advised me to start demo trading and research more about the market. I think it is quite necessary to analysis the market first before investing any amount in Forex trading.
     
  5. Exness Support

    Exness Support Active Trader

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    Please check the regulation certificate in regulators site with registration number also please do your own research in forums that whats the feedback of traders about that broker. Thanks and Best of luck
     
  6. Azforex

    Azforex Trader

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    Before you go with live account you must check regulation first and also reviews about that company.
     
  7. Aby123

    Aby123 Active Trader

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    But almost of the reviews are manipulated and are scam, even the regulated ones.
     
  8. Bill Korneus

    Bill Korneus Trader

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    Yeah so if you want to check your broker you can open a new account with the minimal deposit and try to trade. I started with $10 to test my broker :) IMO it is the easiest way to test a broker...
     
  9. Azforex

    Azforex Trader

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    I do agree with you but FPA has solid reputation about reviews.
     
  10. Bill Korneus

    Bill Korneus Trader

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    Yeah, it has)))
    But try to leave a positive review about your broker!)
    it's will be fun.
    There are only bad reviews. Most of all are from broker's competitors. No, there are really some real reviews, but it's about 5-10%. all of other reviews are scam...
    I tried to leave a good review about my broker but FPA moders banned my account. They wrote that my e-mail or IP adress is listed as spammers.
     
  11. Aby123

    Aby123 Active Trader

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    Not that much also. They seemed bias :confused:
     
  12. Azforex

    Azforex Trader

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    I did the same two times for my broker, but my review not visible yet on my broker review page :(
     
  13. Bill Korneus

    Bill Korneus Trader

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    This is what I talked about.
     
  14. Azforex

    Azforex Trader

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    Totally agreed :)
     
  15. Aby123

    Aby123 Active Trader

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    Now it's to us traders to become careful when choosing our broker.
     
  16. Exness Support

    Exness Support Active Trader

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    Well unless you try a broker you never know that its genuine or not. So always see market review and ratings in different forums of the broker you wanna go with. There are some brokers like exness or hotforex who have very good ratings in different forums. So reviewing a broker from its past client can really help you avoiding scam brokers and find a genuine broker.
     

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