F***X
Sergeant
- Messages
- 237
No doubt this is a tough business, and a good portion of your success depends on your due diligence in finding a reputable broker. This is where FPA can be of great assistance in avoiding the bad brokers which can be a daunting task if you try to go at it alone, first of all because of sheer number of scam brokers out there with a business plan to steal your money. In this case the red flags are glaringly obvious:
1. no direct phone number.
2. No real personal contacts, i.e: Company director, president, client support
3. No real business reputation
4. Look and feel of a functional brokerage infrastructure i.e.ping servers, net stats details etc..
If a broker has not made even the most minimal investment in their server network,
the tell tale signs will be noticeable and minor stress / regression testing may expose weakness
It's better to take your chances with a reputable broker, than it is to gamble away on an unproven deal with a shady con artist luring you in with whatever you want to hear mumbo jumbo...
1. no direct phone number.
2. No real personal contacts, i.e: Company director, president, client support
3. No real business reputation
4. Look and feel of a functional brokerage infrastructure i.e.ping servers, net stats details etc..
If a broker has not made even the most minimal investment in their server network,
the tell tale signs will be noticeable and minor stress / regression testing may expose weakness
It's better to take your chances with a reputable broker, than it is to gamble away on an unproven deal with a shady con artist luring you in with whatever you want to hear mumbo jumbo...