WHEN looking for a reputable broker, there are several signs one should look for as forex trading can be accessed by pretty much anyone.
First, ensure the broker is licensed and operating under a government licence or regulation that covers your country. Licensed and regulated brokers are bound to operate under set rules and standards.
Generally speaking, this should help protect your interests. Always ensure the licence that covers you is the one that is from your country of citizenship or residence. However, if your country does not regulate the operation or broker, you can get a layer of protection by ensuring the broker is working under a known government licence.
It is also important to research the company’s track record and reviews. Reviews can be helpful but, sometimes, competitors pay review websites to taint the image of other companies just to look better in the public eye. For a better picture, it is more effective to find…