Forex Brokers That Accept Ideal Payment Method for Deposit and Withdrawal

Dealing desk brokers are financial intermediaries that facilitate trades by taking the opposite side of their clients' positions. They often profit from the spread between the buying and selling prices they offer to traders.

Continue Reading at Are Market Maker Brokers Always Bad?

These 5 forex broker secrets can be the keys to differentiating between a good and bad forex broker:

1. Market makers are not traders' enemy.
2. So-called NDD brokers are actually ECN/STP brokers.
3. Bonuses are brokers' hidden fees.
4. Scammers could easily pose as forex brokers.
5. There are A-book and B-book brokers.

Continue Reading at Exposing Forex Broker Secrets

Traders will be able to take advantage of carry trades IF the broker applies swaps in accordance with each country's central bank benchmark rates. Which is actually unlikely.

Plus, terms and conditions on several brokers clearly spelled that they will hand you negative rates on overnight trades (add that with: no matter what the rate difference between currencies). Or alternatively, they hand you the negative rates but pocket the positive rates.

Continue Reading at Carry Trade In Forex Trading, Is It Possible?

Normally, a regulated broker will have a license number. Traders can check out the legitimacy of the number through the official website of the said regulator. If the number doesn't exist or is registered under a completely different company, there is a chance that it might be a scam.

Continue Reading at 4 Signs to Recognize Forex Broker Scams