Brokers Remuneration and Reliability

How could newbies who want to register live account find a reliable,honest and patient brokers? The fear is that some brokers adjust their systems or platforms to stay long when a trader is loosing by the system refusing to click off to stop further loss, but when in profit the system slows down and even refuse to click off for a trader to make profit.

Also from where or in which way does a broker derive his gain or profit for making his clients to make use of his platforms and other services?

Maybe check the broker section here, or on FPA>

Hello @Halls,

You may want to check out this section of the school which covers the things you need to consider when choosing a broker.

Pipzilla :coffee:

I dont trust brokers

Choosing a broker is always hard and stressful.
THere are certain things that you need to pay attention to. First of all yiu should see how long the broker operates on the market. The idea is simple, the older the broker, the more reliable it is. Scam brokers usually live for no longer than a year. Secondly, you should see whether the broker has official regulation. More and more decent brokers become regulated because of the fact that regulation adds up credibility to the broker. In order to become regulated, a brokerage needs to go through different filters which make sure that the broker deserves it. Finally, you should ask trading community about the broker that you are interested in. In most of the cases traders are willing to share their feelings about working with this or that broker.