Forex Brokers with Free Education
Forex trading education doesn't have to cost a high price. You can actually get it directly from the broker where you trade. Nowadays, almost all brokers provide clients with educational articles. The following brokers take it a step further by educating clients via webinars, seminars, online courses, and other tutorial means.
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What is forex broker commission, and why do traders have to pay it?
Forex broker commission is a transaction fee traders must pay, often for each lot traded. This fee is essentially an integral part of a trader's regular expenses. The commission serves as a source of income for the broker and is also used to compensate their trading partners, such as liquidity or technology providers.
Continue Reading at Trading Commission Based on Forex Broker Types
What are the top forex brokers for Malaysian trader?
These are some of the best Malaysian brokers to consider:
- Tickmil: LFSA with License Number MB/18/0028.
- FBS: LFSA with License Number MB/18/0028.
- IFC Market: LFSA with License Number MB/20/0049.
- ICM Market: LFSA with License Number MB/18/0029.
- Hirose: LFSA with License Number MB/15/0006.
- Deriv: LFSA with License Number MB/18/0024.
- XM Malaysia: Not regulated by the LFSA.
Continue Reading at Top Forex Brokers for Malaysian Traders
What are the benefits of using Skrill in forex brokers?
- Very fast. Using Skrill won't take much time because every transaction is processed instantly.
- Transparent. Skrill offers a transparent report that is published weekly or monthly.
- Accepted by many brokers. It won't be difficult for you to find a decent broker that accepts deposits and withdrawals via Skrill.
- Free service. No matter the amount or the time you make the transactions, there won't be any fees charged.
- Special privileges. Many brokers have partnerships with Skrill and there are extra advantages that come with it. The rewards can be free credits, bonuses, or interesting trading features.
Continue Reading at Skrill for Forex Traders: Benefits and Brokers to Choose
How to mitigate forex broker hacking risks?
Nevertheless, there are some things that traders just simply have to do by themselves. Some of them are:
1. Choose trustworthy, bonafide, and properly regulated forex brokers.
2. Seek brokers with two-factors authentication.
3. Change passwords regularly.
4. Don't believe in email easily.
5. Update anti-virus and anti-malware regularly.
Continue Reading at Hacking Attacks on Forex Brokers, What to Do?