Unfortunately, fraudsters are everywhere. The Forex market in this case is no exception. What is to be feared on the stock exchange? First of all, brokers can deceive you because they have direct access to the market by offering to start trading using their own account. They have several ways to mislead the trader.
Known methods of fraud in the forex market
The first is the so-called. “Tightening quotes.” When opening a quotation in a calm market, different brokers can make up 2-3 points, but in a sharp market the difference may be several dozen points. The most interesting thing is that the broker can freely see what your margin call level is and where you have stop loss. Continue reading
A novice trader always has a question about how to choose a Forex advisor. Today, there are a huge number of Forex trading advisors, but some of them are not worthwhile, as they have many flaws in trading strategies for which they trade or errors in the code. But how can you really find that Forex advisor, with the help of which you can earn good money? Elgreloo.com in this article will tell you about how to choose a Forex advisor, as well as the best Forex trading advisors to date.
What are forex advisors? Continue reading