Forex Brokers That Accept Tether (usdt) Payment Method for Deposit and Withdrawal

In many well-known financial jurisdictions, regulatory authorities prohibit forex brokerages from trading on behalf of clients. This is due to the inherent conflict of interest, as brokers can be incentivized by client losses or gains.

Continue Reading at 3 Types of Companies that Trade Forex for You

These are some of the best Malaysian brokers to consider:

1. Tickmil: LFSA with License Number MB/18/0028.
2. FBS: LFSA with License Number MB/18/0028.
3. IFC Market: LFSA with License Number MB/20/0049.
4. ICM Market: LFSA with License Number MB/18/0029.
5. Hirose: LFSA with License Number MB/15/0006.
6. Deriv: LFSA with License Number MB/18/0024.
7. XM Malaysia: Not regulated by the LFSA.

Continue Reading at Top Forex Brokers for Malaysian Traders

Earnforex has sorted out current forex broker awards into three categories:

1. The highest tier (trusted) awards are organized by renowned and highly reputable publications such as FXStreet.
2. Medium-tier (expos and conventions) such as Finance Magnates Summits and iFX Expo. The organizers themselves are reputable, and there are some rather tough qualifications for forex brokers who want to participate
3. Lowest tier (dubious awards), including magazines and broker rating websites such as World Finance Magazine, International Business Magazine, Financial Derivative Magazine, and so on.

Continue Reading at Forex Broker Awards: All You Need to Know

Generally, there are five major factors to consider when choosing a broker and they are:

1. Level of regulation: You need to know if the broker is subject to the regulations of the Central Bank of Nigeria and if they operate accordingly. A lack of regulation should be a red flag and set off alarm bells in your mind.
2. Trading platform: How does the trading platform look? Is there a registration number on the website that can be verified? Is a demo account available where you can test strategies and other account features?
3. Currency pairs being offered: What kind of currency pairs does the broker have on offer? Is it just the minor pairs or exotic pairs that have low liquidity? Are major pairs that have high liquidity and are more profitable available?
4. Account features: how are charges and commissions deducted and what are the percentages? What kind of leverage and margin accounts are offered? And what are the terms of deposit and withdrawal? 
5. Customer service: Is the customer service reliable? Can they provide succinct answers to your inquiries?

Continue Reading at Identifying Fake Forex Brokers in Nigeria