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Latest Original Industry Brokers Forex Encyclopedia

Differences between ECN & Standard Accounts

An ECN (Electronic Communication Network) Account connects traders directly to liquidity providers (banks, institutions) with raw spreads + commission fees. A Standard Account is a common account type designed for retail traders, typically offering fixed or variable spreads with no commission fees. The key differences between these two account types are the pricing model and execution type.

Science Popularization 03-12

Alert! TP Global FX Suspected of Illegal Ops, Fraud Exposed

In the dynamic world of online trading, it is crucial to stay vigilant and be aware of brokers' fraudulent behaviors, as the temptation of high profits can make people let down their guard and fall into traps. TP Global FX is a broker that has faced numerous allegations and is highly controversial. Next, we will conduct a step-by-step analysis to expose the true face of TP Global FX as a fraudulent broker.

Science Popularization 03-12

Dollarsmarkets Review: Pros, Cons & Features

Founded in 2020, Dollars Markets is an online forex broker registered in St. Vincent and the Grenadines. Dollars Markets offers a wide range of trading assets, which includes over 60 currency pairs, as well as popular CFDs on commodities, indices, and cryptocurrencies, Energy, ETFs. Dollars Markets offers two types of accounts - Standard and Pro - each with their own unique features and benefits. The Standard account is perfect for beginners and those who are new to forex trading, with a minimum deposit of $15, while the Pro account is more suitable for experienced traders who require advanced trading tools and features.

Science Popularization 03-12

Comparison of KOT4x and Hugosway Brokers in 2025

In recent years, due to the significant growth in the field of foreign exchange trading, experienced traders and novices seeking financial gains have been attracted. Therefore, in order to meet the needs of the market, many foreign exchange brokers came into being. Among them, Kot4x and Hugosway stand out as popular choices for traders seeking efficient platforms and reliable services. In this article, we'll delve into the details of hugosway and kot4x, analyzing their functionality, trading conditions, customer support, and overall reputation. Choosing a reliable broker is a crucial step for any trader.

Science Popularization 03-11

NovaTech Scam Alert: Avoid Unregulated Forex & Crypto Fraud

Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.

Science Popularization 03-11

Best Forex Trading Demo Accounts for Beginner Traders 2025

With so many forex brokers in the market, how do you choose the right one? Are you feeling overwhelmed by the options? Here’s the good news: finding the best fit for you doesn’t have to be complicated. As a new trader, starting with risk-free demo trading is the smartest way to dip your toes. Read this article and follow us to find the demo accounts and platforms of top forex brokers—by the end, you’ll know exactly where to begin your trading journey!

Science Popularization 03-11

The Best Brokers for TradingView

More than just a charting platform, TradingView combines advanced analytical tools with a social media network, fostering a dynamic community of traders. Available on desktop, web, and mobile, it’s used by millions of traders and is a favorite among technical analysts for its powerful charting capabilities and support for custom scripting.

Science Popularization 03-10

Unveiling TriumphFX: Is it a Ponzi Scheme and Steps to Recover Lost Funds

According to related media reports, TriumphFX has recently come under scrutiny for allegedly defrauding 72 Malaysian investors, resulting in total losses exceeding $5.3 million. The platform lured victims with promises of high monthly returns ranging from 4% to 7%, using Zoom chats to entice them into investing.

Science Popularization 03-10

JustForex vs JustMarkets: A Comprehensive Comparison in 2025

Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.

Science Popularization 03-10

How To Withdraw From Deriv Account

This article provides a detailed guide on how to withdraw funds from your Deriv account. It covers everything from a step-by-step walkthrough of the withdrawal process to basic details such as the minimum withdrawal amount and available currencies. This information will help traders understand how to make profits on the Deriv platform.

Science Popularization 03-07

Introduction to VideForex Trading Platform: With a Demo Account and Logging Process

VideForex is a UK-based broker that offers forex, contracts for difference (CFDs), and options trading. VideForex claims to have over 3,000 clients from around the world, with a trading volume exceeding $59 million and total trader expenditures of $540,000.

Science Popularization 03-07

Best ECN Forex Broker Choices in the USA

Currencies aren’t traded in centralized locations the way stocks are on exchanges. Currency trades happen all over the world, but most take place on something called the interbank market. The interbank market is where the world’s largest global banks exchange currencies to provide liquidity to the forex market. Retail traders don’t have access to this market, so they trade through either an ECN or a market maker.

Science Popularization 03-07

Vault Markets Review 2025: Live & Demo Accounts, Withdrawal to Explore

Vault Markets, a South African-based broker, has attracted much attention in recent days, particularly within its region. This online broker only offers access to focused trading opportunities on Indices, Currencies, Energies, and Metals, yet it shines on low minimum deposits plus various bonus programmes, which would encourage more investors, especially beginners, to trade with a small budget. However, Vault Markets operates outside of the authorized scope, so we don't consider it solid to trade with.

Science Popularization 03-07

JustForex Deposit and Withdrawal Methods

JustForex is a fully regulated, low-risk ECN and STP Forex broker established in 2012. By signing up with JustForex, you can enjoy ultra-low spreads, low minimum deposits, and a commission-free account. Beginners and others who just want to try out Forex trading with a small amount of money can choose the Standard Cent account, which has a minimum deposit of just $1. This topic will guide you through payment information. Now, we will take a deep dive into the popular online brokerage platform JustForex regarding deposits and withdrawals. If you are not familiar with JustForex or are new to trading, don't worry; I will clearly explain everything about the platform's deposit and withdrawal methods.

Science Popularization 03-06

How to Start Trading with GTCFX: Account Types and Demo Account

GTCFX is a global provider of financial derivatives, established in 2012. The GTCFX brand encompasses multiple companies that provide a diverse range of online trading products, serving over 985,000 clients across more than 100 countries. At GTCFX, clients can have access to extensive market coverage that includes not just Forex, but also gold, precious metals, CFDs on energy, commodities, stocks, shares and equity indices.

Science Popularization 03-06

Is Novatech FX legit?

NovaTech is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, NovaTech acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that NovaTech has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with NovaTech or any other MM broker.

Science Popularization 03-06

FBK Markets Review 2025: Live & Demo Accounts, Withdrawals to Explore

FBK Markets, a young South African forex broker, targets both beginners and experienced traders within this region. This broker shines at its low minimum deposit required, 100% deposit bonus, and flexible account options, yet we cannot consider it reliable as it operates without any regulation. Furthermore, it features an approximately 70% withdrawal failure rate.

Science Popularization 03-06

ECN vs STP: SuperForex Pros, Account Setup & Global Reach

Founded in 2013, SuperForex is an online securities and derivatives broker. The company offers over 400 instruments on the MetaTrader 4 platform, utilizing ECN and STP execution. Today, SuperForex operates in Europe and serves clients in more than 150 countries. With offices worldwide, including in Zambia, Malaysia, Indonesia, Zimbabwe, and South Africa, the broker is regulated by the International Financial Services Commission (IFSC) and implements robust identity verification and login security measures.

Science Popularization 03-06

How to Start Trading with GMI: Account Types and Demo Account

GMI (Global Market Index) is a forex and CFD broker that offers trading services to retail and institutional clients. It was established in 2009 and registered in Saint Lucia. The broker is regulated by the Financial Conduct Authority (FCA) in the UK. GMI offers a range of trading instruments, including gold, oil, silver, forex, indices, and stock CFDs via the MT4, MT5 and GMI Edge platforms.

Science Popularization 03-06

How to Start Trading with Purple Trading: Account Types and Demo Account

Purple Trading, headquartered in Cyprus, operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC). It offers a maximum leverage of up to 1:30 for retail clients and up to 1:500 for professional clients, varying by instrument. Spreads start from 1.3 pips for STP accounts and 0.3 pips for ECN accounts. Clients can trade a diverse range of assets including Forex, Indices, Commodities, Stocks, and Futures. Purple Trading provides multiple account types such as ECN, STP, and PRO, each with its own fee structures and benefits. It also offers a free demo account for users to practice trading strategies.

Science Popularization 03-05

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Differences between ECN & Standard Accounts

Alert! TP Global FX Suspected of Illegal Ops, Fraud Exposed

Dollarsmarkets Review: Pros, Cons & Features

Comparison of KOT4x and Hugosway Brokers in 2025

NovaTech Scam Alert: Avoid Unregulated Forex & Crypto Fraud

Best Forex Trading Demo Accounts for Beginner Traders 2025

The Best Brokers for TradingView

Unveiling TriumphFX: Is it a Ponzi Scheme and Steps to Recover Lost Funds

JustForex vs JustMarkets: A Comprehensive Comparison in 2025

How To Withdraw From Deriv Account

Introduction to VideForex Trading Platform: With a Demo Account and Logging Process

Best ECN Forex Broker Choices in the USA

Vault Markets Review 2025: Live & Demo Accounts, Withdrawal to Explore

JustForex Deposit and Withdrawal Methods

How to Start Trading with GTCFX: Account Types and Demo Account

Is Novatech FX legit?

FBK Markets Review 2025: Live & Demo Accounts, Withdrawals to Explore

ECN vs STP: SuperForex Pros, Account Setup & Global Reach

How to Start Trading with GMI: Account Types and Demo Account

How to Start Trading with Purple Trading: Account Types and Demo Account

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