To me, this should already be a well known practice that every researcher on broker should do. But well, it doesn’t hurt to remind everyone again.
Do not (and I repeat DO NOT) blindly read the forums with someone claiming a particular broker how great it is without first understanding their credibility.
One easy way to lessen the chance of being scam by them is to have a practice of referring to their post count. I’ve read lots of good reviews here on specific brokers and most (perhaps even 100%) of them have a low post count of 1. I feel very disgusted by these broker’s action, having creating a “clone” account just by acting as if they were a customer and promote their own service. In actual fact, I’d thanks them for doing this so as I am being warned not to get near them.
Afterall, who would actually go all the way to create an account just to post a positive feedback on a particular broker? If a particular broker is good, you will see good reviews from more credible persona.
If only Babypips could control this situation and protect us members…till then I will still be continuing searching for one that doesn’t scam my hard earned money off.
PS: Yeah me too, I have a low post count but hell 'ya I’m not promoting any broker and I’m a newbie wanting to trade Forex with a good broker.