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We noticed that the understanding of brokers are very low, and unfortunately almost all traders are paying to much commissions.

First of all, the concept of a TRUE ECN has no yet been massively understood by the trading community. The reality is that alot of traders are trading with a Market Maker, which itself has a dealing desk and could put your success in great danger.

But don't be at ease just because someone claims to be a true ecn, often they still are not true.

We at Trader's Forex Partner got your back and have a list for you. It's about the bad brokers practises. If your broker has any of it, be crittical and investigate furthur if you really have the best broker in the business.

- They offer bonuses for clients. Either deposit bonus or other types. There are no free lunches in business so understand that they will collect their money somehow.

- They have a dealing desk. You want a broker that's a NDD, (no dealing desk).

- They offer a minimum stop loss. For example: you can't place it within 5 pips.

- They hunt your stops.

- If you are trading with a Market maker, you are not even trading in the market! You never reach it, you only trade with the broker! So if your broker is on the other side of your trades, you can bet he gains on your losses, and also loose on your winning. That's some obvious conflict of interest right there.

- They don't offer a true ecn account.

- They won't give you a recite of your order, so that you can confirm it went to the real interbank market. You should be able to see what bank (liquidity provider) you traded with.

- They don't allow scalping or other strategies. This is crazy, why would they not want you to trade often? Because it's harder to control you!

- They don't provide spreads from 0.0 pips).

- They have conflict of interest with you due to their partnership with a liquid provider.

- One of their liquid providers belong to the same company as your broker.

- They route your order to someone special or sells it, leaving you with additional slippage.

- They don't let you benefit of positive slippage but only on the negative, taking your slippage profit as their own.

- They manipulate spreads, often to stop you out.

- They change margin requirements on weekends, forcing you to change your positions.

- They do re-quotes.

- They apply a high add on swaps.

Now you might think, where in the world will I find the best broker?!

Okey you got us... We found it for you. Before we partnered with IC Markets we spent alot of time comparing some of the biggest brokers and we always saw a flaw in any of them. Only IC Markets stuck with us.

It was really important that we work with a true broker, that does not have bad practises.

But other things matter also, such as 24/5 support, funding and withdrawal options. Two different platforms and three different account types to suit everyone. Competitive commissions and great average spread, and much much more. Please read more on the website.

Remember that our partnership is unique and when you register through us, you will get the best of the best. Reduced commissions and the best volume bonus offer out there.

Feel free to google about "Market makers" and dirty practises, you will face disgusting practises brokers use. Please also learn about True Ecn's, so that you can make an intelligent choice.

Any information within this webpage is not to be seen as offensive for any part or any kind of tip that could create a conflict.