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Royal Capital Pro Review
Want to trade with the broker that is based in the United Kingdom? There is always a choice! Read our full Royal Capital Pro review and find out if this broker can become your choice number one!
Min. Deposit: $250 Demo: No
Platform: MT4 Bonus: N/A
Regulation: FCA US Clients: No
Royal Capital Pro is a successful brokerage firm that has been delivering its services since 2020. The website of Royal Capital Pro is owned and is being operated by Media Zone Solutions LTD. As for the headquarters of this broker, it is located in 272 Bath Street Glasgow, G2 4JR, Scotland.
Royal Capital Pro is pretty transparent about its activity and their website has provided us with all the required information. Is Royal Capital legit? Our answer is yes.
The customer support is 24/5 and can be reached via phone or email. The support agents speak two languages: English and Arabic.
It is rather easy to open the account at this broker and you do not have to give a lot of your personal data. There are 3 currencies available when you register: USD, EUR and GBP. After the account is opened, it is up to the trader to choose between 4 different account packages. Let’s take a closer look at them further in our Royal Capital Pro review:
Silver account is the most basic one which is generally good for the Forex starters. Minimum deposit requirement is $250. Then comes Gold account with more advanced features and personalized approach. The minimum investment for Gold account is $1000. The last ordinary trading account is Platinum that can be opened once you deposit $5000 or more. Platinum account provides a trader with assigned account manager, various market reports etc. If you want to be treated as VIP, then you can certainly go for Platinum.
It is important to mention that the broker only charges the spread for order execution, which means that there are no hidden commissions. However, our review of Royal Capital Pro has spotted that for overnight positions the broker still charges a fee and you should specify this at customer support.
The fourth account that we have mentioned is called Islamic Account. Known as swap-free account, the Islamic account at Royal Capital Pro. This means that the broker will never charge a rollover fee or widen the spread for those traders that follow the Muslim faith. Islamic account is granted in person, so it is necessary to contact customer support if you want to open it.
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Additionally, the broker allows opening a demo account with $50000 virtual funds. This a good way to practice and enhance your FX trading skills.
Royal Capital Pro Forex broker offers 3 distinct trading platforms for all its clients. They include MT4, cTrader a proprietary WebTrader platform.
MT4 and cTrader are the desktop platforms which need the software to be installed on the PC. As the two most popular Forex trading platforms, MT4 and cTrader offer advanced charting tools, ultra-fast order execution and the massive library of technical indicators. In addition, the automated trading is possible via these platforms. On MT4 it is represented by Expert Advisors or EAs developed with the help of MQL4 programming language. On the other hand, cTrader delivers automated trading via cAlgo. It is vital to mention that Royal Capital Pro allows trading on the move thanks to the MT4 apps available via App Store and Google Play.
The second platform offered at this broker is the WebTrader. As all web-based platforms, Royal Capital Pro WebTrader does not expect you to download any software. The platform utilizes HTML5. As other Royal Capital Pro reviews admit, the overall performance is seamless and the design is certainly comfortable for trading
On all its trading platforms, Royal Capital Pro offers 4 types of trading instruments – Forex, Index CFDs, Precious Metals and Energy Commodities. There is currently for trading Royal Capital Pro binary option, although this might come up with the next update.
When preparing this Royal Capital Pro opinion we have noticed a great educational section at the website. The broker has provided all users with the massive amount of video tutorials that explain the basics of Forex trading, show how to use MT4 and teach key Forex trading strategies.
On top of that, there is a possibility to use the Glossary to know the necessary trading terms.
Deposits and Withdrawals
Deposits and Withdrawals can be made with credit/debit card, Skrill, Neteller and wire transfers. Generally, there are no fees associated with making deposits or withdrawing funds. However, Royal Capital Pro broker still charges $35 or the equivalent amount for withdrawal via wires.
To become eligible for funds withdrawal, the broker requires you to upload necessary documents, e.g. ID and the proof of address.
You certainly can make money with this Forex broker. Is Royal Capital Pro scam? We are not inclined to think so. Be free to sign up!
Is Your Forex Broker a Scam?
If you do an internet search on forex broker scams, the number of results is staggering. While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business.
When you’re looking to trade forex, it’s important to identify brokers who are reliable and viable, and to avoid the ones that are not. In order to sort out the strong brokers from the weak and the reputable ones from those with shady dealings, we must go through a series of steps before depositing a large amount of capital with a broker.
Trading is hard enough in itself, but when a broker implements practices that work against the trader, making a profit can be nearly impossible.
- If your broker does not respond to you, it may be a red flag that he or she is not looking out for your best interests.
- To make sure you’re not being duped by a shady broker, do your research, make sure there are no complaints, and read through all the fine print on documents.
- Try opening a mini account with a small balance first, and make trades for a month before attempting a withdrawal.
- If you see buy and sell trades for securities that don’t fit your objectives, your broker may be churning.
- If you are stuck with a bad broker, review all your documents and discuss your course of action before taking more drastic measures.
Separating Forex Fact From Fiction
When researching a potential forex broker, traders must learn to separate fact from fiction. For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker (or some other outside influence) for their own failed strategies.
One common complaint from traders is that a broker was intentionally trying to cause a loss in the form of statements such as, “As soon as I placed the trade, the direction of the market reversed” or “The broker stop hunted my positions,” and “I always had slippage on my orders, and never in my favor.” These types of experiences are common among traders and it is quite possible that the broker is not at fault.
It is also entirely possible that new forex traders fail to trade with a tested strategy or trading plan. Instead, they make trades based on psychology (e.g., if a trader feels the market has to move in one direction or the other) and there is essentially a 50% chance they will be correct.
When the rookie trader enters a position, they are often entering when their emotions are waning. Experienced traders are aware of these junior tendencies and step in, taking the trade the other way. This befuddles new traders and leaves them feeling that the market—or their brokers—are out to get them and take their individual profits. Most of the time, this is not the case. It is simply a failure by the trader to understand market dynamics.
On occasion, losses are the broker’s fault. This can occur when a broker attempts to rack up trading commissions at the client’s expense. There have been reports of brokers arbitrarily moving quoted rates to trigger stop orders when other brokers’ rates have not moved to that price.
Luckily for traders, this type of situation is an outlier and not likely to occur. One must remember that trading is usually not a zero-sum game, and brokers primarily make commissions with increased trading volumes. Overall, it is in the best interest of brokers to have long-term clients who trade regularly and thus, sustain capital or make a profit.
The slippage issue can often be attributed to behavioral economics. It is common practice for inexperienced traders to panic. They fear missing a move, so they hit their buy key, or they fear losing more and they hit the sell key.
In volatile exchange rate environments, the broker cannot ensure an order will be executed at the desired price. This results in sharp movements and slippage. The same is true for stop or limit orders. Some brokers guarantee stop and limit order fills, while others do not.
Even in more transparent markets, slippage happens, markets move, and we don’t always get the price we want.
Communication Is Key
Real problems can begin to develop when communication between a trader and a broker begins to break down. If a trader does not receive responses from their broker or the broker provides vague answers to a trader’s questions, these are common red flags that a broker may not be looking out for the client’s best interest.
Issues of this nature should be resolved and explained to the trader, and the broker should also be helpful and display good customer relations. One of the most detrimental issues that may arise between a broker and a trader is the trader’s inability to withdraw money from an account.
Broker Research Protects You
Protecting yourself from unscrupulous brokers in the first place is ideal. The following steps should help:
- Do an online search for reviews of the broker. A generic internet search can provide insights into whether negative comments could just be a disgruntled trader or something more serious. A good supplement to this type of search is BrokerCheck from the Financial Industry Regulatory Authority (FINRA), which indicates whether there are outstanding legal actions against the broker. And if appropriate, gain a clearer understanding of the U.S. regulations for forex brokers.
- Make sure there are no complaints about not being able to withdraw funds. If there are, contact the user if possible and ask them about their experience.
- Read through all the fine print of the documents when opening an account. Incentives to open an account can often be used against the trader when attempting to withdraw funds. For instance, if a trader deposits $10,000 and gets a $2,000 bonus, and then the trader loses money and attempts to withdraw some remaining funds, the broker may say they cannot withdraw the bonus funds. Reading the fine print will help make sure you understand all contingencies in these types of instances.
- If you are satisfied with your research on a particular broker, open a mini account or an account with a small amount of capital. Trade it for a month or more, and then attempt to make a withdrawal. If everything has gone well, it should be relatively safe to deposit more funds. If you have problems, attempt to discuss them with the broker. If that fails, move on and post a detailed account of your experience online so others can learn from your experience.
It should be pointed out that a broker’s size cannot be used to determine the level of risk involved. While larger brokers grow by providing a certain standard of service, the 2008-2009 financial crisis taught us that a big or popular firm isn’t always safe.
The Temptation to Churn
Brokers or planners who are paid commissions for buying and selling securities can sometimes succumb to the temptation to effect transactions simply for the purpose of generating a commission. Those who do this excessively can be found guilty of churning—a term coined by the Securities and Exchange Commission (SEC) that denotes when a broker places trades for a purpose other than to benefit the client. Those who are found guilty of this can face fines, reprimands, suspension, dismissal, disbarment, or even criminal sanctions in some cases.
SEC Defines Churning
The SEC defines churning in the following manner:
Churning occurs when a broker engages in excessive buying and selling of securities in a customer’s account chiefly to generate commissions that benefit the broker. For churning to occur, the broker must exercise control over the investment decisions in the customer’s account, such as through a formal written discretionary agreement. Frequent in-and-out purchases and sales of securities that don’t appear necessary to fulfill the customer’s investment goals may be evidence of churning. Churning is illegal and unethical. It can violate SEC Rule 15c1-7 and other securities laws.
The key to remember here is that the trades that are placed are not increasing your account value. If you have given your broker trading authority over your account, then the possibility of churning can only exist if they are trading your account heavily, and your balance either remains the same or decreases in value over time.
Of course, it is possible that your broker may be genuinely attempting to grow your assets, but you need to find out exactly what they are doing and why. If you are calling the shots and the broker is following your instructions, then that cannot be classified as churning.
Evaluate Your Trades
One of the clearest signs of churning can be when you see buy and sell trades for securities that don’t fit your investment objectives. For example, if your objective is to generate a current stable income, then you should not be seeing buy and sell trades on your statements for small-cap equity or technology stocks or funds.
Churning with derivatives such as put and call options can be even harder to spot, as these instruments can be used to accomplish a variety of objectives. But buying and selling puts and calls should, in most cases, only be happening if you have a high-risk tolerance. Selling calls and puts can generate current income as long as it is done prudently.
How Regulators Evaluate Churning
An arbitration panel will consider several factors when they conduct hearings to determine whether a broker has been churning an account. They will examine the trades that were placed in light of the client’s level of education, experience, and sophistication as well as the nature of the client’s relationship with the broker. They will also weigh the number of solicited versus unsolicited trades and the dollar amount of commissions that have been generated as compared to the client’s gains or losses as a result of these trades.
There are times when it may seem like your broker may be churning your account, but this may not necessarily be the case. If you have questions about this and feel uneasy about what your advisor is doing with your money, then don’t hesitate to consult a securities attorney or file a complaint on the SEC’s website.
Already Stuck With a Bad Broker?
Unfortunately, options are very limited at this stage. However, there are a few things you can do. First, read through all documents to make sure your broker is actually in the wrong. If you have missed something or failed to read the documents you signed, you may have to assume the blame.
Next, discuss the course of action you will take if the broker does not adequately answer your questions or provide a withdrawal. Steps may include posting comments online or reporting the broker to FINRA or the appropriate regulatory body in your country.
The Bottom Line
While traders may blame brokers for their losses, there are times when brokers really are at fault. A trader needs to be thorough and conduct research on a broker before opening an account and if the research turns up positive for the broker, then a small deposit should be made, followed by a few trades and then a withdrawal. If this goes well, then a larger deposit can be made.
However, if you are already in a problematic situation, you should verify that the broker is conducting illegal activity (such as churning), attempt to have your questions answered, and if all else fails, and/or report the person to the SEC, FINRA, or another regulatory body that could enforce action against them.
Best MetaTrader Brokers
The ForexBrokers.com annual forex broker review (four years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. How we test.
Having personally used MetaTrader platforms from several dozen brokers for more than a decade, in this guide I will outline some of the reasons why new and existing traders continue to use this online trading software. This guide starts with basics that will help beginners and then progresses to more advanced topics, such as social copy-trading and using automated trading systems.
Best MetaTrader (MT4) Brokers
Here’s a summary of the best MetaTrader brokers, scored on 3,180 data points.
- Admiral Markets – Best overall for MetaTrader
- FxPro – Full MetaTrader suite, average pricing
- Pepperstone – Excellent pricing and customer service
- Darwinex – Full MetaTrader suite, expensive pricing
- Swissquote – Full MetaTrader suite, pricing varies
- XM Group – Full MetaTrader suite, average pricing
- HotForex – Full MetaTrader suite, average pricing
Best overall for MetaTrader
Forex and CFD traders choose Admiral Markets for its excellent investor education and advanced MetaTrader features, including the Supreme add-on and market research via Premium Analytics. Overall, Admiral Markets is our top MetaTrader broker for 2020. Read full review
Full MetaTrader suite, average pricing
FxPro competes among the top MetaTrader brokers, offering the full suite of MT4 and MT5 platforms with multiple account pricing options. Drawbacks to FxPro include a small range of tradeable products and limited market research. Read full review
Excellent pricing and customer service – Visit Site
Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing, excellent customer service, and one of the largest selections of third-party platforms, including numerous options for social copy trading. (73.6% of retail CFD accounts lose money.) Read full review
Full MetaTrader suite, expensive pricing
Copy trading aside, Darwinex is not an ideal choice for self-directed trading. To trade individual stocks and CFDs, you have to MetaTrader instead of the excellent proprietary Dukascopy platform. With MetaTrader, pricing is higher, research is weak, and no tools are available beyond the standard experience. Read full review
Great pricing for higher balance – Visit Site
While Swissquote’s Advanced Trader platform suite is user-friendly, its underlying platform technology needs an upgrade from flash to HTML5. Fortunately, Swissquote offers the full MetaTrader platform suite, which also comes with better pricing. (79% of retail CFD accounts lose money.) Read full review
Founded in 2000, MetaQuotes Software Corporation – the developer of MetaTrader4 (MT4) and MetaTrader5 (MT5) software – was an early pioneer in developing forex trading and charting platforms. The Metatrader suite – which is licensed by brokers and offered to traders – continues to be one of the most widely used trading platforms in the retail foreign exchange (Forex) and CFD markets globally.
Today, MT4 and MT5 have extensive documentation, codebase, and articles supported by the developer and its global community of users, making it an ideal solution for retail and professional traders to find the resources they need to create algorithmic trading systems or carry out manual trading and even social copy-trading.
A key catalyst was the developer created the MetaQuotes Language (MQL) syntax to allow programmers to create automated scripts and trading systems.
The proprietary MQL language – both MQL4 and MQL5 – enabled the growth of a secondary marketplace supported by programmers who created custom scripts, including utilities, libraries, indicators, and automated trading strategies known as Expert Advisors (EAs). This ecosystem continues to evolve.
After launching its MetaTrader brand in 2002 as its third-generation software, MT4 was subsequently launched in 2005, and by 2020 the company followed with the launch of MT5 to expand into additional asset classes, including securities and futures markets.
By this time, the marketplace for EAs and custom indicators was becoming saturated, and traders could buy or obtain plugins for free, or even hire developers to code their Experts on the freelance section of the MQL5 Community marketplace or outside of it.
This led to the rise of more MetaTrader brokers, as companies competed for existing market share and new market entrants.
MetaTrader Brokers List
Today the MT4 and MT5 platforms are available across hundreds of online forex brokers, with the native version of the desktop platforms available for Windows operating system (OS) and a Mobile app for Android and Apple iOS devices available by default.
Based on our 2020 Review, which included 30 brokers, here is a list of those that offer MetaTrader:
A web-based version of both platforms are available, although the web-based versions are not offered by all brokers and do not support automated trading as the desktop versions do.
MetaTrader Charting and Tools
Starting with the desktop version of MetaTrader (MT4 or MT5), beyond an easy-to-navigate layout (with everything housed under seven categories from the upper toolbar), the scope of charting tools and number of available indicators by default give traders a good starting point for performing basic technical analysis.
In terms of the layout and charting, customizable chart templates can control how default charts appear; meanwhile traders can save all their charts into a profile so the entire workspace is backed up, including all trend lines and chart configurations. All such custom and default settings, including scripts, experts, and indicators, are stored in designated folders within the main data folder under “File>Open Data Folder.”
This structure of storing settings within specific files makes it easy for users to back up or transfer their settings to other devices or users, and it is what helps make the platform so versatile, as these settings are exportable.
Those seeking more advanced indicators and analysis tools (and even automated trading strategies) can buy or rent them directly from the MQL5 marketplace from within the platform under the options menu under “Tools>Options” or CTRL+S. In terms of fundamental news, the available news streams vary, depending on the broker and any related news providers the broker uses to deliver headlines within the platform.
Signals Market and Social Copy Trading on MT4
The signals market available on the MQL5 Community lets users copy the live trades of approved signal providers in what can be described as social copy trading, which is available for a subscription fee charged by each signal provider.
From within the platform, users can also sync their account with their MQL5 Community user ID to enable the signals market for social trading and in the mobile app to receive push notifications of their trading activity.
Automated Trading via Experts (EAs)
Expert Advisors (EAs) are used in the MT4 (and MT5) platform to run automated trading systems. An EA will either be a copy of the original .MQ4 file that contains the source code, which can be modified, or it will be an .EX4 (executable) file of the same code, which cannot be tampered with and is often chosen by those who want to distribute their strategies without revealing their source code.
Most EAs have a range of customizable parameters that let users specify the position size and risk/reward-related attributes, among other elements, that may be configured before automated trading is enabled.
Back-testing and optimizing EAs
The MetaTrader platforms also let users test how an EA would have performed over historical data, using a process known as backtesting in the Strategy Tester section. This is useful when users want to check out how an EA would have performed over a given period and for a given instrument.
When an EA is built and then tested on historical data for the first time, this is known as testing on out-of-sample data, which means the EA has never used these historical prices (in which case the result will not have the benefit of hindsight).
On the other hand, some developers may optimize their strategies over a historical data set (i.e., run it multiple times over the past three months of EUR/USD tick data) on purpose – which can lead to curve-fitted results. While there can be some benefits to optimizing a strategy over historical data, results of a curve-fitted strategy can be misleading as only the best trades are cherry-picked, and the results of forward-testing the same strategy can be significantly different. Therefore, forward testing a strategy can be even more important than backtesting it, before the value of results can be assessed.
Using VPNs and the cloud for automated trading
Another important distinction is that back-testing occurs locally on MT4 and requires users to have the platform running either on their local machines or using a dedicated Virtual Private Network (VPN).
The same applies to trading with EAs; the platform must be open and running as the EA runs locally, which is why many traders use VPNs to host their EAs so the strategies can run continually without interruption on remote servers.
Pros and Cons of using Expert Advisors
Just like manual trading, any automated strategy is only as good as the results it can achieve on a risk-adjusted basis over time, and just as there are some good EAs available, there are also some bad ones circulating on the internet. Therefore, while there can be pros to using EAs to automate trading, traders must be aware of the pitfalls and know how to vet an EA before using one to manage their investment capital.
Here are five tips to select a good expert advisor:
- Understand the trading methodology (strategy) the expert advisor follows.
- Consider its availability, cost, and historical performance for other traders (if any).
- Back-test it across multiple instruments/timeframes, if possible, or examine its historical performance (if available).
- Analyze the results of multiple back tests to see if they meet your expectations.
- Forward-test the strategy with a small test amount before getting serious.
MT5 – MetaQuotes’ latest generation platform
While MetaQuotes continues to update the MT4 platform to cater to the significant user base that still runs its prior generation platform for Forex and CFD trading, the developer has pushed many of its most innovative features into its latest generation MT5 platform. In addition to CFDs and Forex trading, MT5 can support Stocks and Futures, making it more of a multi-asset platform than its predecessor MT4, in addition to supporting more complex trading strategies.
A significant difference between MT4 and MT5 is in the syntax of how EAs are coded, where the MT4 EAs (based on MQL4) are not cross-compatible with MT5 (based on MQL5). Even though many third-party programs offer to convert MT4 EAs to run on MT5, this difference in coding keeps both platforms isolated from each other on purpose.
However, from build 600 onwards, MetaQuotes created a unified MetaEditor development environment and revised the MQL4 programming language to more closely match features available within MQL5 syntax. This unified compiler supports both languages, helping to aid the transition of many old trading robots to be compatible with the latest build or for use on MT5.
Overall, MT5 has a more modern look and feel in terms of visual layout and navigation, while much of the platform design still looks like MT4 in terms of the layout. Another key difference is the use of the MT5 cloud network, where users carry out backtesting through the developers’ own VPN available within the platform as virtual hosting. Otherwise, with the signals markets available for social copy trading, both platforms provide traders with plenty of options, yet MT4 is more widely available than MT5.
Trading Platforms Comparison
Taken from our forex broker comparison tool, here’s a comparison of the trading platforms for the best metatrader forex brokers.
|Desktop Platform (Windows)||Yes||Yes||Yes||Yes|
|Social Trading / Copy-Trading||Yes||Yes||Yes||Yes|
|MetaTrader 4 (MT4)||Yes||Yes||Yes||Yes|
|MetaTrader 5 (MT5)||Yes||Yes||Yes||Yes|
Which MT4 broker is the best?
When it comes to forex trading on MetaTrader 4 (MT4) in 2020, the best MT4 broker is Admiral Markets. Admiral Markets offers traders a variety of excellent educational resources alongside the Premium Analytics add-on for MT4.
Is MetaTrader only for forex?
The MetaTrader 4 (MT4) platform is predominantly for forex trading. However, depending on the broker, MT4 often comes with a range of other symbols such as CFDs on indices, commodities, futures, energies, and metals.
What is the difference between MetaTrader 4 and MetaTrader 5?
The MetaTrader 4 (MT4) forex trading platform is based on a prior generation (version) of software developed by Metaquotes Software Corporation, whereas, MetaTrader 5 (MT5) is the latest version. In addition to supporting individual shares, MT5 features advanced functions like utilizing cloud-storage to run strategies and to conduct backtesting. With MT4, backtesting must be done locally or through a virtual private server (VPS).
What are Experts in MetaTrader?
When using MetaTrader platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), there are automated trading systems known as Expert Advisors (EAs), or Experts for short. Experts are not humans. Instead, they are automated trading systems created by traders designed to execute a trading strategy.
Is it risky to use automated strategies with MetaTrader?
Yes. Experts, which are automated trading systems in MT4 and MT5, are built by traders and rely on backtesting to prove their profitability. As the famous market adage says, “past performance is not indicative of future results.” The problem with automated strategies is that they rely on the benefit of hindsight bias. The reality is that very few trading systems are profitable over the course of an entire year.
While determining whether to use MT4 and/or MT5, traders should consider the range of markets available from their broker on each platform as this may vary. Other points to consider are any related tools that may be used, including custom indicators, scripts, libraries, or EAs, as these may not be cross-compatible, although an increasing number of developers are able to create dedicated versions for each platform.
All in all, after 17 years of development, MetaQuotes has proved to be a leader in developing forex and multi-asset trading platforms for online forex brokers and retail traders globally, with MT4 and MT5 providing nearly all user types with the necessary tools to trade and backed by its user-supported community and market place.
To sign up for a live forex account or demo trading account with a MetaTrader broker that offers MT4 or MT5, see our list of reviewed brokers for further guides and resources to choose a broker that best suits your overall trading needs.
For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.
While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. Learn more about how we test.
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.” Learn more.
About the author: Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
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The Best Binary Options Broker 2020!
Perfect For Beginners!
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Good Broker. Only For Experienced Traders!