Australian (ASX) Stock Market Forum

Why are so many Forex brokers unscrupulous?

Joined
26 July 2011
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I haven’t been trading for many years. I’d like to get back into it but I share the same sentiments as many people do, that Forex always seems to have the worst brokers around. I find it so difficult to figure out who to use and trade with. I am currently learning to trade Options and Futures but I started out with Forex and then left due to the corrupt nature of many forex brokers. Options and Futures brokers are a lot more regulated than the Fx brokers.

Anyone care to disagree? On the subject of brokers; are there any suggestions for Aussie brokers as I am an Australian. I know there are a quite a few in Aus, but any honest & unbiased suggestions would be appreciated. Thanks
 
I haven’t been trading for many years. I’d like to get back into it but I share the same sentiments as many people do, that Forex always seems to have the worst brokers around. I find it so difficult to figure out who to use and trade with. I am currently learning to trade Options and Futures but I started out with Forex and then left due to the corrupt nature of many forex brokers. Options and Futures brokers are a lot more regulated than the Fx brokers.

Anyone care to disagree? On the subject of brokers; are there any suggestions for Aussie brokers as I am an Australian. I know there are a quite a few in Aus, but any honest & unbiased suggestions would be appreciated. Thanks
Broker <> market maker

FWIW
 
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