Differentiating Between Good and Bad Brokers

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There are many schemes and methods of work of foreign exchange (FX) brokers. Each of those schemes and methods have their pros and cons (both for the trader, and for the company), and the following synopsis will try to help the reader understand them.

Good and Bad Brokers


I will start by stating that there are no ideal brokers, and there are no ideal schemes. There can be ideal schemes for a broker, which traders do not like, so they leave, making the scheme imperfect for the broker.

By extension, there can be an ideal scheme for a ... (read more)