Most traders are eager to open an account with a forex broker as soon as they have learnt all about forex trading. However this is not a decision to be taken lightly. Even if you only intend trading with small stakes, you should still spend a significant amount of time choosing the right forex broker. The wrong choice of forex broker could end up costing you money. The reason for this is because for a start there are lots of brokers out there that are not fully regulated. Therefore what this means is that if you deposit money into your account, you may not necessarily see this money again, regardless of whether you generate any profits or not. This is pretty rare but can happen if you go with an unregulated company, particularly one that’s based overseas in an offshore ...
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