Scam Forex brokers:

There are many types of monument in Forex there are intermediaries invented in the ways of fraud there are some intermediaries do not have a real presence, just a website has a payment portal that collect money from traders and then close the accounts of traders without explaining why.

Also, some intermediaries are focusing on another way, which is to increase the difference between buying and selling, which is the difference that the broker gets if it is higher than the conventional one, you will not be able to make profits.

Forex Brokers

For example, the spread on the EUR / USD is usually 1.5: 1 and if it rises to 5:10 without news or disasters, this broker is usually a quorum.

The most common signs that a broker may be a quorum is to set minimum limits to stop losses and profits. It means that you can not close your winning trading position unless you skip a certain number of points or you can not close your losing position before reaching a certain number of these points.

Brokers usually do not hold strong licenses or do not hold licenses from the ground up.

Control of Forex Brokers:

Control of Forex brokers is the side that protects the trader You send money to a broker you do not know personally and it is not easy to reach the headquarters of the mediator because of the costs of travel and visa and even traveled Al-Rayyan has a headquarters and was able to access the depositors but could not get their full rights.

Control of Forex companies is made up of bodies and organizations such as (nfa), the National Commission for Futures Contracts (FCA), the British Financial Supervisory Authority (FSA), the Ministry of Finance and the English Parliament, the Australian Commission and the Financial Supervisory Authority (ASIC).

How is a trading strategy tested?

The trading strategy is tested by applying it to a non-real account (demo) if the strategy succeeds in a period of not less than 3 weeks to 3 months with a accuracy of 60%: 70% is a good strategy.

The other way is to try the strategy over a previous period called the "Back Test". The MetaTrader Platforms allow you to redraw the Japanese candlestick or chart in general from the new first and enable you to determine the speed of redrawing and allow you to set your indicators and analysis tools. The way to test the strategy In this case we recommend trying the strategy over a period of time 6 months.

We have explained in the previous lines all that is important about Forex from start to finish.