Tag: best ecn forex broker

How to chose a Forex Broker

There are ways that a dishonest broker can skim profits off of your trade. One of those ways is by taking advantage of what can be up to a 2 minute gap between the time that you place your order and the time that you see the results on your platform. Second- the broker controls the price you see on your trading platform and there’s a custom made opportunity to shave profit from the transaction if the price moved before the transaction was posted back to your screen.

Brokerage firms don’t like scalpers!

Most Brokerage firms don’t like scalpers, What they want is a trader who trades long term or is a position trader so that they are able to clear the transactions in the interbank market without risk. Look for ECN Forex Trading