Hotforex review forex peace army review

Forex Risk Disclaimer There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks. Was this helpful? They run to a Forex review site. They write a review about how they got ripped off by their broker.

They give the broker a very low rating. So instead of taking responsibility for their own screw-ups they blame their broker for them. This absolutely sucks for the brokers themselves. The whole concept of Forex broker review sites is flawed. That is ridiculous! I have used both those brokers for years and I have rarely if ever had a problem. When I do have issues the support staff are very helpful. For example, MB trading once even handed me the money back for a trade that I took.

Their price feed had a problem that day and it went higher than it was meant to go. The trade ended up losing. I called up and they apologized profusely and gave me back all my losses. With reviews what happens is a bunch of newbies sign up with a good broker.

Through their own mistakes they lose all their money. Then instead of taking responsibility they leave negative reviews about the brokers performance. One of the most commonly used accusations levelled against brokers is slippage during highly volatile period. It is the nature of trading, you do not get perfect fills when the market is jumping up 20 pips per second. What this all boils down to is that review websites are useless when it comes to broker reviews.

Professional traders have been around long enough and know their stuff. For example here is my short list of good brokers: GFT Forex awesome charts, great customer support and great to trade with. I have traded with all these brokers and I personally recommend them all. However, according to the reviewers on ForexPeaceArmy. MBTrading also has 3 stars.

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