With all the Forex brokers out there, ready and willing to take your money to help you make your first trade, it may be a little intimidating finding a honest broker. To that end, as part of your Forex training, here are a 6 tips that will help you in choosing a broker that you can trust and not end up taking and walking away with your money.
1. Watch out for a company that claims that there is little or no risk in trading the currency market. Any broker that is legitimate should tell you that there is ALWAYS risk! True, you can mitigate that risk with stop losses, sound trading techniques, and equity management, but there is always a risk involved in trading. If it sounds too good to be true, it usually is too good to be true
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