Internet money investment can be profitable – and dangerous too. Anyone can suffer from swindlers – either beginners or even experienced traders. Therefore protection from shady brokers is one important point of the online investment.
Why You Should Choose Any of Forex Brokerage Companies Carefully. Is Key Markets Scam?
If client doesn’t pay due attention to choice and checking of a investment firm or broker, you can lose all investments and precious time. On the first try you’ll have to spend a lot of time and still hardly find some good company, like Key Markets broker. Liars and scammers everywhere try to allure traders, and looks like client can get much more of them than normal brokers. And some companies (like a large American company FXCM) start worsening terms for their clients over a small amount of time. Key Markets reviews can answer on main question “Can Key Markets be labeled as scam?”, and this answer is “no”, for Key Markets is a broker with long-term and reliable reputation.
Total losses due to some shady brokers exceeded 15 billion dollars in 2016. Sometimes traders get their money back (for example, RollsCapitals was obliged to recover losses in several different courts), but most of investors lose their money with no hope of return. Even more aggrieved ex-clients for some reason don’t report any fraud instances and therefore don’t request help.
The Real Danger Of Swindler Forex Firms and Brokers. Key Markets Reviews.
“Good” brokers, taking as example Key Markets forex broker, are not scam, they give honest terms to its clients. At the same time, you should be aware of shady companies that can:
- place orders against clients’ opinion or open false deals;
- limit operations control;
- impose unnecessary and expensive services, add paid products which you didn’t order;
- embezzle money;
- misrepresent or show false market prices;
- complicate the entire money withdrawal procedure, making it difficult and unclear;
- execute market orders with time gaps or only on terms which are profitable for broker, not clients;
- charge additional sums due to hidden payments;
- overvalue or change without a notice all the commission fees, spreads and/or trading charges.
How to learn for sure whether a forex firm or brokerage company cheats the clients? On the Web, you sure can find many “black lists” with names of unfair forex brokers which are not for some reason recommended to work with. Often, you may see there also reviews with detailed analysis of discreditable behavior. However, most often, you won’t even need to read all of those – it’s enough to make sure a firm is not on these websites and lists.
How to see a “bad” forex brokerage company with half an eye? They mostly use:
- promises of an easy and huge $$$ profit with no first deposit or with minimal expenses;
- stress on automatical trader bots giving a 10)% guarantee of profit;
- promotional offers which are “too sweet to be true”.
Promotions for the first deposit or special bonuses are not always a sign of some shady broker. Some companies give special terms to some traders, but the real best brokers don’t focus on this and don’t show this as their main advantage.
Company of Key Markets: Scam, Partner or Profit-Maker? How To Choose An Appropriate Forex Broker?
When searching for or choosing a broker, first of all, you need to pay your attention to three main criteria:
- The period of company registration and the number of clients. International companies work with their audience for years. Therefore, the company that does not deserve your attenstion can be easily identified by inexperienced employees.
- Reputation. Other clients’ reviews help learn in advance what to expect from a chosen broker. For example, as in the case of Key Markets reviews help to form a swift opinion on service level and organization’s reliability. Additional bonus is awards received by a broker. Their worth is defined by receipt date and organizer’s credibility.
- Website. Any user-friendly, well-done and fast webpage filled with updated information points at a solid forex broker. Site must have an accurate data, and the more it has, the more confidence may be given to its owner.
Quick looking through a site can help to exclude large number of fake brokers easily. We recommend to avoid investments if a resource has:
- unpleasant graphic design;
- mistakes or errors;
- whole packages of advertising which has no exact information.
For a primary estimation all you have to do is to listen carefully to your heart. If a page doesn’t inspire trust, chances are there’s something not right with this broker indeed. But some swindlers can skillfully disguise as honest firms – they can also create attractive and well-done sites, fill them with information, even rent actual offices and provide tech support. But they still cannot provide the right level of service because they are not interested in long-term cooperation.
Key Markets Forex Broker – Trading Partner For You
There’s always a question, how can one manage to choose a trustworthy broker if there’s always a chance of mistake. To preserve your time and investment amount, we recommend to choose organizations with acknowledged history, good reputation and well-known possibilities.
Key Markets broker is one of those. It has:
- investment and/or withdrawal online with no known delays;
- intuitive, modern and quick trading platform;
- option of setting of program trading according to client’s personal algorithms;
- detailed help manuals, FAQ, information and tutorials;
- analysts’ and support online assistance;
- option of selecting of your investment amount and grade;
- and other handy features for your profits.
The trading style of different traders is significantly different, and it is important to find a company that shares the client's opinion. Some brokers limit opportunities for scalping, automated trading, do not provide a sufficiently rapid response when trading news, and delay the placement of orders when a client wants to have time to react to market events. Such companies are scammers, because it is the ability to promptly place and close orders leads to the most beneficial results for the trader. Key Markets reviews separately mention the speed of opening deals and a platform well prepared for trading, leaving no room for such problems.
Key Markets forex broker looks like a firm that takes care of its existing and future clients. It turns to be vital for this company that each “its” trader could invest without problems, fully manage his/her resources, get necessary help and good solid tools for efficient activity on the Web. Start successful and safe cooperation with this company – start working without hidden fees, with maximal processes transparency, using convenient up-to-date platform.