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    Thread: Scam Brokers! (part 2)

    1. #1
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      Default Scam Brokers! (part 2)

      Salam,
      That is a good topic to discuss. How can we find a broker as a scam.
      1. Broker has unrealistic bonus offer always and a very high affiliate commission.
      2. There are high re-quotes in volatile market.
      3. There are always withdrawal problem in scam broker. So please first search for review at google about the broker.


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      ding dong (04-08-2014)

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      I think You are new in forex trading, there are two types of lines, One is ask line and second he Bid line, your Buying TP when hit your Bid line hit tha tp price, and your Sell hiwhen your ask line hit the sl price. this the rule of forex trading brother...


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      Quote Originally Posted by Dangerous007     
      I think You are new in forex trading, there are two types of lines, One is ask line and second he Bid line, your Buying TP when hit your Bid line hit tha tp price, and your Sell hiwhen your ask line hit the sl price. this the rule of forex trading brother...
      This is what we call Market Maker.Especially the brokerage who offer floating spread for trading.In some condition,the bid and ask volume line will become wide and sometimes this line will become small.What i mean is about spread.The market maker can make the spread to become wide and small in some condition especially in the news for their own benefit.


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      ding dong (04-08-2014)

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      Quote Originally Posted by Rin0     
      This is what we call Market Maker.Especially the brokerage who offer floating spread for trading.In some condition,the bid and ask volume line will become wide and sometimes this line will become small.What i mean is about spread.The market maker can make the spread to become wide and small in some condition especially in the news for their own benefit.
      hhehe,, yup dear,,, I've seen some brokers to spread the change, when the market in a solid situation spread will be greater, but when the market is in a state of the spread will be smaller side.


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      Oh that's very for many traders that's why I do trade only with insta forex because its one of the best broker in the asia also I can't trust on other brokers because I don't have much idea about their goodwill and regulation


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      Quote Originally Posted by Hukam     
      Oh that's very for many traders that's why I do trade only with insta forex because its one of the best broker in the asia also I can't trust on other brokers because I don't have much idea about their goodwill and regulation
      hhhehe,, maybe we need to see when will the investment is the regulation of a broker, dear .. have been in regulation in which the state or any financial institution ... so it will determine the clarity of where our money is invested safely.


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      brokers offering bonus may not always be a scam. bonus will just increase your buying power. in a way, you can think of it as offering more leverage to your account. If a broker gives you 200:1 leverage but no bonus compared to a broker offering you a 100% bonus, but 100:1 leverage, the bonus acts as leverage by freeing up your margin requirements.


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      Quote Originally Posted by MisterTickle     
      brokers offering bonus may not always be a scam. bonus will just increase your buying power. in a way, you can think of it as offering more leverage to your account. If a broker gives you 200:1 leverage but no bonus compared to a broker offering you a 100% bonus, but 100:1 leverage, the bonus acts as leverage by freeing up your margin requirements.
      yes Mister Tickle i will not trade with the broker which is without the bonus my friend i know some broker that will offer 100 % bonus for us i will say they are good broker and we cant say my friend that they are sam broker i will say if we fear of them than we may be only should trade on the instaforex we all trust instaforex my friend


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      Quote Originally Posted by samiforex     
      Salam,
      That is a good topic to discuss. How can we find a broker as a scam.
      1. Broker has unrealistic bonus offer always and a very high affiliate commission.
      2. There are high re-quotes in volatile market.
      3. There are always withdrawal problem in scam broker. So please first search for review at google about the broker.
      I am agree with you but those broker who offers bonus is always not be scammed. Such as insta forex is a very good and reliable regulated company.


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      Broker that offer bonus most of them are reliable they offer those bonus to attract people in order to work with them, those that can be consider as scam are those broker that offer 100$ dollar sign up bonus, those can be scam because the sign up bonus is just too high.


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