List of New Forex Brokers

1. Slippage: You should be cautious if the slippage happens very frequently and ends up negative most of (if not all) the time.
2. Spoofing: It consists of developing a fake interest in a currency pair by placing phony orders on them without the actual purpose of trading that currency in the future.  
3. False spikes: Unethical brokers make use of this feature by fabricating price surges in order to trick unsuspecting traders into placing orders.
4. Stop hunting: They bring the prices to a point close to the stop loss order that forces you to exit the trade, after which they push the prices to move in the opposite direction.
5. Front running: When a trader indicates that they intend to make an order, the broker immediately places their own order to profit from any changes in pricing.

Continue Reading at Can Brokers Manipulate Charts?

Forex brokers, especially market makers are typically aware that most newbies are inexperienced, and there's a high chance that they're going to misuse the leverage. Thus, they usually offer high leverage to attract new clients.

In other words, many market makers are using high leverage as a part of their marketing offers. They'd invite you to take a lot of risks, knowing that it's not a good move to do especially if you're starting. 

Continue Reading at 5 Signs Your Broker Trades Against You

Here are some things to look for when choosing a forex broker for hedging:

• Low spreads
• High leverage
• Good execution
• Competitive fees

Continue Reading at Introduction to Forex Hedging Strategy

There are several common modus operandi in the industry, such as:

1. Purposefully executing and filling your orders at worse prices (artificial slippage).
2. Sending out your orders to be executed by their affiliated liquidity providers.
3. Disproportionate swaps fee.

Continue Reading at Can ECN Brokers Cheat on You?