Mosf of brokers against news trade ?
I am new to the forex market. And the 1st thing I do is finding a trusted borker. So I've been researching about FOREX scam.
I found many reports that claim : forex.com , gcitrading.com , even oanda.com, and more well-known brokers out there.
90% of well-known brokers now are claimed SCAM.
So wtf is this ? So I decided to move on, and research on those brokers. And I found that many of them have real office, and substantial finance. So what is the real truth ?
FXCM.com ==> may people claim that IT's A BIG SCAM.
And DBFX.com , it is belong to Deutsche Bank, a very very famouse BANK. But DBFX.com seems that it is WHITE LABEL of FXCM.com to continue scamming !!!
So wtf is all this things ?
So I came back to those scam reports. After spending time reading, I found something:
- Many brokers have been claimed scam 'cause they cause trouble when news released. So people cannot trade effectively when news released, so they report it scam.
- And it seems that those brokers need to control their money in those time, so they wont loose money.
- Despite the news trading, other things ( service, normal trade ) are still fine.
So what do you think about this ?
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