Bambang Sugiarto

There are academic studies that show the possibility of brokers engaging in technical manipulation such as delaying orders, activating stop losses too early, or even “removing” profits from trader reports. Such practices could be one reason traders suspect that “the market is unfair” when trading with certain brokers.

I somewhat agree, because not all review sites provide accurate assessments. Their reputation also needs to be further investigated.

We choose the right broker so that our trading business runs smoothly and grows. To do this, we must be smart in choosing a broker that is safe, convenient, and suitable for us.

Yes, I agree with you. In addition, we can examine the inner workings of the company and its people. Another factor is that we can get to know them through their public appearances, such as on social media.

I recommend Headway for its low spreads and fast execution. I have been using it for over two years and feel comfortable with it. Please try it out and take advantage of the Pro account offer with spreads starting at 0.

In the world of forex trading, many traders are attracted to foreign brokers because they often offer tighter spreads and lower commission fees than local brokers. However, lower transaction costs do not necessarily guarantee better execution quality. Factors such as server location, connection speed, the regulations overseeing the broker, and customer fund protection also play a significant role in determining the overall trading experience. Discuss the differences between foreign and domestic brokers in terms of technical aspects — such as execution speed, slippage, and requotes. Translated with DeepL.com (free version)

I currently use Headway as my broker. Do you have any experience with them?

What are the signs that a broker's trading platform is unreliable (e.g., frequent freezes, disconnections, or delays)? The reliability of a trading platform is a crucial factor for the convenience and security of transactions. This discussion covers various signs of an unreliable broker platform, such as frequent freezes, disconnections, execution delays, price discrepancies, and their impact on traders' results and confidence.

Yes, I think it's possible. But what if this happens when we already trust each other in using that broker and have deposited a large amount of money?

One more thing to consider for security when choosing a broker: it will be easier if we get to know the “people” at the broker through social media or other media that serve as intermediaries between us and the broker, in addition to formal communication via customer service. This is very helpful in terms of emotional approach because we can provide a detailed chronology so that our alibi is irrefutable. So far, I believe in one broker where the people behind it are willing to appear on social media and we can interact with them.

Oh, I'm sorry to hear that. Does that amount include the real money deposit you made? I'd like to hear more from you.

Yes, there is no such thing as free money in this world 🙂

Yes, I agree with you. At the very least, we benefit from being able to conduct test trading at that broker with the company's real money, so we can find out about the quality of the broker, the speed of transactions, and learn about management for ourselves.

Are you being too hasty in saying that? And is it a trap? Because I see many official brokers doing this. They do everything they can to attract as many clients as possible in various ways, including what I mentioned above. Regarding scams, can we also consider the regulations and licenses?

What do you think about foreign brokers offering large bonuses to attract new traders? Do these kinds of promotions really provide additional opportunities for profit, or are they just marketing traps that harm traders in the long run?