Forex Broker Scam Alert – Do Some Brokers Really Ban Traders For Using Successful Trading Systems?
All over online forums, Forex blogs and independent review sites, traders have been complaining that some brokers are banning them for using successful trading systems. Forex broker scam While most brokers want their traders to be successful, some brokers are only looking to snatch your initial deposit and, as a result, will ban you if you are using a trading system which is proven to work.
To avoid being scammed by one of these fraudulent brokers, it’s important to know what to look for in a broker to determine whether or not it’s a scam broker which might take your money just for trading successfully.
~ Read Independent Reviews
One of the first things you should do before choosing a broker is read independent reviews. There are literally hundreds of separate independent reviews online of every broker on the market. You can find out which broker truly has your best interest in mind & which may scam you by searching for these reviews on forums, blogs & search engines.
~ Try A Demo Account
The best way to determine whether a broker is the real deal or just a scam waiting to happen is to open a demo account with them. Demo accounts are fun & free and it only takes a minute or two to open one. You can open your very own Forex demo account now to trade virtual(fake) money in real time, test your trading strategies and see how much money you could be making on the Forex market.