Many traders or future traders shop for a broker to work with and find endless reviews on the web, and not all are genuine. Here are 5 ways ways to separate the good from the bad. There are lots of sites that specialize in forex broker reviews and lots of talk about brokers in various forums.
While a lot of information comes from real experience of people that have used a brokers’ services, some may have a hidden agenda of promoting the broker. Promoting a broker is OK, as long as it’s done in a transparent way. Let’s see the 5 ways to identify fake reviews:
- Look at the site
- Check the link
- Option to comment
- Check the forum member
- Search the web for negative commentary
Do you have additional ideas about how to find false broker reviews?
This is a guest post from FXStreet, a leading provider of data, real time analysis and actionable tools for Forex traders.
Edited July 4, 2019 by Kim
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