Dangers of Trading with a Terrible Forex Broker

• They would trade against you and make sure you lose.
• They could trigger your stop losses intentionally by widening spreads.
• They would constantly re-quote you making your trading unprofitable.
• Their high spreads and commissions mean essentially that you would pay more than necessary to trade.
• They would most likely not have regulatory oversight, thus when issues arise, you would be on your own against giant cooperation.

For this reason, I encourage you to choose one of the best forex brokers for beginners and avoid the pitfalls that terrible brokers present.

The Best Forex Broker for Beginners in Ghana

• Just Markets
• Forex Time