Hi there everyone, i’m new to this forum and would like to ask a few questions. i have been practicing on demo accounts on alpari and fxpro for some time now and think i’m ready to go for a live account, but when i was searching around for reviews, almost most of the forex brokers seem to have many bad feedbacks.
Many clients said they got their accounts banned, brokers did not pay the clients back their money, withdrawal’s had issues, S/L hunting, ridiculous reasons to cancel any payment, sudden moves in spreads and taking out stop losses etc…
So this really got me worried now. Are all/most of the forex brokers dishonest?
If i took a video and recorded while i traded and if at any point i feel that i got scammed , is there really anything i can do to get my money/profits back? Like complain to the regulators?
Is there any place i could complain if such a thing happens? I understand that they are regulated and so is alpari and fxpro but still looks like they still play dirty tricks?
How do i safe guard myself? i’m worried once i start making profits, they don’t pay me my winnings/profits and close my accounts? That would be a great waste of time and effort for me.
The brokers mention that they are ecn but are bucket shop/market movers? I had no idea so much scams are happening with the brokers… like i am so confused to the point that i am not sure if honest brokers exist… any advise or help would be much appreciated, thank you for your time reading this.