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can i know how exactly can i search for FX company to know it's reliable or not?????????? please i need answer
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.
More info coming soon.
Before falling in love with the idea of a bonus, realize that bonuses always come with strings attached. Usually, you have to trade a minimum number of lots, and the spread on those lots will add up to a lot more than the bonus came to. Typically, you won't be able to make any withdrawals until you've made all those trades.
To search for reliable brokers, read their reviews here at the FPA "Forex Brokers Reviews" section (top left corner of this page).
Also there is a thread here at the FPA started by the great Pharaoh on "How to select a forex broker".
But be careful with good reviews as a lot of them are posted by bucketshop scam scumbag broker's representative/IB pretending to be satisfied clients.
At the FPA, read also the "Special Note" on top of the review page as occasionally the FPA issue warning on a broker even though there are no bad or not many reviews there as that is most probably due to very few clients left in that bucketshop scam scumbag broker.
To make sure you understand what that "Special Note" I am referring to is, for example on "Brokers Reviews" ...ok, lets see, I simply select one at random...Ahhh, here is one...
SkylineBrokers.com reviews:
Special Notes:
June, 2010: Skyline Brokers appears to have been making multiple forum accounts to attack GIGFX at the FPA. We have also been lied to in emails from at least one person working for Skyline. We recommend a very high level of caution dealing with this company.
So, if you see the above example of "Special Note" issued by the FPA, stay away from such broker as it is most probably a bucketshop broker.
Good luck in your search for that perfect broker!