Best ECN Broker List: The lure of quick profits and the promise of making serious money is always a factor for many people who decide to begin trading foreign exchange markets. It is important, however, to be aware of some of the more unscrupulous practices which have developed in order to part unsuspecting private traders from their cash. Scams and dodgy practices involving Forex trading have grown exponentially with the simultaneous development of Internet-based trading. Problems to be aware of vary from simple 'transaction execution issues' involving brokers being unable to execute your order requirements when and how you wish, to more elaborate scams and outright theft.
Having an awareness of these problems and the potential risks that can arise with brokers will help ensure that you are protected in your everyday trading activities. Monitor review/messaging boards online so you are aware of any problems that other traders might be having, as they happen. Always remember the old adage that if something looks too good to be true, it often is - beware of brokers that offer guaranteed profits or deals that seem to offer implausible returns. Finally, if you are trading online and find that trades are regularly inaccurately executed owing to 'technical or connection issues' then this may be a good sign that it is time to change brokers.
Circle Markets (2016)Leverage up to 1:500Deposit 50 USDSpread LowLocation New Zealand VanuatuInstruments Currencies Crypto Indices MetalsPlatforms MetaTrader 4 MetaTrader 5 cTrader
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