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Spreads in trading can differ from one brokerage to another. Brokers aim to attract traders by offering lower spreads, which can make trading more cost-effective.

Continue Reading at Hidden Costs in Forex Trading You Should Be Aware of

Learn from your previous mistake and find a better broker with credible service and reliable support. Taking other traders' recommendations into account is also a good way to start your search for a better broker.

That way, you can be ive of the number of Forex brokers available before opening an account.

There are several ways of finding a better broker. But, the most common method is probably based on the broker's regulations, including ASIC, FSA, CySec, FCA, and many more.

Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps

Loyalty programs can keep traders staying and actively trading with their broker. Basically, the broker will give their clients rewards in many forms based on the points they accumulated through trading.

Some of the popular methods are cash rewards, gifts, lower spreads, bonuses, commissions, and many more. The idea is to keep the trader satisfied and continue to invest their money in the broker.

Continue Reading at Trade Now and Get Rewards from TMGM Loyalty Program

Several downsides of scalping make brokers forbid this practice, including the risk of overloading the servers. Aggressive scalpers can even open multiple positions within minutes. The broker's server can be overloaded if many scalpers perform that action several times daily.

Continue Reading at Why Do Brokers Restrict Scalping?