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Reflecting on the experience of traders who never harmed by the misdeeds of the broker, it's been no question how important choosing the right broker. Of various types and kinds of brokers are available , you should already know which broker is right the right to run your transactions as well as good or even outsmart.
In this regard, the latter being crowded chaotic debate that could have been said any broker clicking "MC (Margin Call)" right of their traders, especially tuh local broker whose name is so hated ? Okay, Let me be clear, fair and equal - equally tasty this time we will try to unpack and review any bad habits the broker either inside or outside the country that they may have done to their traders.
Brokers and Contradictions
Previously, I would like to emphasize again that the financial markets all parties involved vying for profit, either traders or brokers. If the trader to benefit from the value of profit, then the broker through the service they provide is typically benefit from the value spread and fees charged to their clients.
Without it impossible for any broker to stay afloat and can provide the best service to their traders. As the saying goes " measure price indicates quality " differs from most advertising marketing, if you are indeed looking for quality and comfort it is only logical that there is a cost that should you spend accordingly .
It should be underlined if the broker gives you a well paced facility with a very cheap price you should rethink where they will benefit ? Except traders cheated them.
Old habits brokers to traders them
Some things look so easy but sometimes even too dangerous because it does not comply with safety standards should set. Where the value of bonuses that you will get not comparable with the value that you will suffer losses.
With an aim to educate traders, especially Indonesian traders to be more aware in choosing a broker anymore either within or outside the country then for more details, let us look bad habits brokers in traders deceive them :
Promoting trade as a quick way to get rich without notifying risk
Remember how the brokers trading incessant waving - lure you with a big profit ? I could generate more than $ 5000 in one minute ! Written in an ad trading. Wait , is that true ? Of course it is true but it is also a tempting bait for beginners who do not know the risks.
Despite the huge profits, it should be understood that there is also another major disadvantage. There is no easy way to get money this financial field, you do not understand the risks as well.
But unfortunately not many brokers who provide " warning " of the importance of this case, with only emphasizes the value of a profit to their traders. If the facts showed 95 % of traders initially been doomed to failure, you try to think back to whether this is a quick way to become rich ?
Broker broker as this is usually only displays testimonials / statements of the successful trader with the chart view is too high and does not make sense.
Convince traders with huge profits with minimal capital even though
Have we ever thought why the brokers vying minimize deposit for opening an account for traders ? Yet we know trading as well as a business and investment requires substantial capital ?
Given the risks are great, at first we know that the financial sector is only reserved for professionals or for those people - the rich alone.
However, to attract more interest again, it is often misused by marketing most of the brokers who make false and misleading statements.
That with the use of minimal capital ( micro account ) even if the traders can earn huge profits and become rich.
Just like a business or investment that requires considerable capital, trading not necessarily fit into all walks of life. Especially those with minimal capital and knowledge.
If given the minimal use of capital to micro lots then what is the difference between the world of trading and gambling ? Try to ask again what kind of business and investments that do not require large capital ? Exception of gambling.
Offers low with various bonuses
Believe it or not , there are times when you need to override the low transaction costs for trading broker prefers safer, spread value that looks small, high leverage ratio, welcome depot and various other bonuses that will certainly make them a less well know world trade will easily persuaded.
If we examine back normally spreads offered by brokers average - average between 3 to 5 pips. However, if the broker is offering a fixed spread 1 or even 0 points, then it should be a big question mark, because even though the actual circumstances are constantly changing conditions pasarpun spread change.
Note also that high leverage up to 1:1000 which also gives greater the risk of belonging to the traders. Through the lure - the lure , the broker is only a matter of time until they can outsmart the transactions made and makes the traders who play in it affected the MC.
Even without much effort due to the fact that more than 95 % of new traders has been doomed to failure !
Hostile to professional traders
Most brokers - brokers will be more problematic targeting and targeting beginners who have enough experience and only oriented towards profit. Especially those who have little capital but expect big profits.
Because if the professionals play on the broker , this course will prevent them to gain more profit. And to prevent this then the broker will use a variety of ways.
Start of prohibiting certain trading techniques, often lead to outsmart chart with requotes or slippage, and hold the funds complicate the professional traders who want to do wd or even unilaterally decide their orders.
If there are still professional traders who continue to make a profit, then the broker will seek death - death to restrain the rate of profit that can be generated by these professional traders, and eventually making them reluctant to play again at the same broker.
Define your preferred broker carefully
Looking for a reliable broker is an important thing that you should note from the outset. If you are indeed looking for traders who like the convenience of professionals then there are times when you need to override a low cost versatile to prefer the broker who can provide you the facility.
Pay attention to the balance between the safety and comfort that can be obtained with a much lower cost and not even comparable.
Every trader must want to be able to do transactions clear and transparent markets that allow them to feel safe and comfortable. Moreover, the professionals who want to use a variety of skills and techniques they have mastered trading without feeling restricted.
Just as you can get through
Askap Social, where you can use all of the features that you might not be able to use on certain types of brokers (such as pending orders , or apply a trailing stop EA ) and free use of all profitable trading techniques without feeling restricted, cheated because all you are doing transaction history will be displayed with a clear and transparent.