Suggest a forex broker

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asked Apr 12 in Answerpail by DouglasCross (420 points)

In your experience, what are some key indicators or red flags that might suggest a forex broker is not trustworthy or reliable?

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answered Apr 16 by Sertiko (180 points)

Always do your due diligence and research any Forex trading scheme before investing your money.

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answered Apr 18 by KoryPowell (5,090 points)

One major red flag is lack of regulation or licensing from reputable financial authorities like FCA or ASIC. Also, watch out for excessive fees, poor customer service, and unclear terms. FxPro is a solid choice, regulated by FCA and CySEC, offering transparent services and competitive pricing. Check them out at https://www.fxpro.com/

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