[Pharaoh]

Depends on the broker. Some brokers ban news spike trading. Nothing happens until you try to withdraw the profit. Then suddenly, the trades are reversed. Some brokers have rules against scalping and will take those profits away from you.

Read the Terms of Service and Customer Agreement VERY closely. If you are unclear on something in these documents, don't call or live chat with them. Ask this sort of question in email so that you will have a written record of what is said in case there is a dispute later.


Some brokers are complete scams. ForexGen has a long list of reasons to reverse trades that pretty much boils down to: We can take as much money out of your account as we like for any reason we can think of whenever we feel like it. PoltekFX considers significant profits to be a sign of cheating and will use this as an excuse to confiscate profits.