Choose Your Forex Investment Broker the Smart Way!

Currently, there are more than 500 different Forex trading platforms whose services users can sign-up for. Some of them, however, come from more than shady backgrounds. Their founders are scammers who seek to manipulate asset price rates or won’t let customers withdraw investments and earnings. This makes choosing just the right investment broker crucial to accumulating good daily results.

Our team of experienced trading experts and investment platform investigators has carried out extensive research on many different investment brokers. It is best to check up the one you consider registering on the ‘Is-Scam’ trading reviews website before proceeding to do so. Read them or write to our editorial staff to compile information on the average performance, payout rates, and annual Forex profits. Then, you can be sure that you are signing up for the best foreign exchange broker for your needs and goals!

Safe & Secure Brokers April 2020

Low Minimum Deposit
Fast Withdrawal
$250 9.6/10
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Low Minimum Deposit
Accredited Broker
Fast Withdrawal
$250 9.2/10
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Lowest Minimum Deposit
Withdrawing Whenever You Want
$200 9.0/10
Read Review
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Don’t see your broker?

If you don’t see your broker in the list above, it might be a scam. We investigate the brokers as soon as possible and publish the results as reviews on our site.

3 Tips to Avoid Online Scams

Many Brokers and Trading software are advertised via email and on the Internet. During our experience, we have seen many, many sites. And also we opened real trading accounts with most of the systems in the course of our investigation activities.

Grab these 3 tips and avoid scams:

TIP1: A Stich in Time Saves Nine – Read Reviews Before Sign-Up!

A good place to start is our site – Read expert reviews OR if you cannot find your stock trading broker, use our recent posts feed to get regular updates.

TIP2: Try Before You Buy – Get Your Risk Free Trades!

The Risk Free Trades are a huge improvement and this is the best way to get started with trading stocks and shares. This means no matter win or lose, the trade is in the house! It is very rare to find a broker that offers risk free trades.

TIP3: Choose a Regulated and Authorized Broker.

What Is a Forex Investment Broker?

A legit and authentic Forex broker is a digital mediator between the end-user and the foreign exchange markets. It is a virtual instrument that provides access to a wide range of available trading assets. Most of them are regular currencies. Customers try to accurately forecast their price fluctuations. The only two possibilities are for it to go up or down.

Most Forex investment platforms, however, also add other asset categories to make the experience more fulfilling and wholesome. They can be cryptocurrencies, like Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, and other Altcoins. Assets from all four main categories – indices, currency pairs, stocks, and commodities – are also often turned into fruitful opportunities to generate solid profits.

Reliable Forex brokers also provide access to at least several different account types. So that customers can choose the one that best suits their needs. They have varying minimum deposit rates which rise reciprocally to the account type ladder. The ones that require the highest monetary sums also provide the most special features. They are best-suitable for well-experienced traders.

What separates ‘Is-Scam’ from most other Forex broker platforms review websites is the fact that we perform first-hand investigations. Our editorial staff members personally try out the features and tools of every FX, CFD or cryptocurrency broker we compile trading reviews on. They do their best to present users with objective reality.

Online traders can always write to us. Especially, if they require a piece of advice on the Forex market, software, investment strategies or FX broker. If we have not examined the subject they are interested in yet, then, will do our best to do so promptly. And find out whether or not it is a scam or legit Forex trading solution.

Why Choose the Foreign Exchange & CFD Trading Market?

Some trading fields are more lucrative than others. The foreign exchange market (Forex) has managed to prove to be the most stable one over the years. Once one learns to recognize trends and investment patterns, it is not hard to determine asset price fluctuations. Meaning that most people will be able to achieve consistent daily payout rates and solid profits. Investing in the FX market digitally means that the user is one step ahead of regular traders and Wall Street suits.

Plus, most legit Forex investment brokers and apps offer access to assets from all the other main categories, as well. Clients can choose to trade cryptocurrencies, indices, commodities, and stocks if they wish. Of course, the most vital thing is to get started with an authentic, licensed, and trustworthy FX trading platform.

How to Pick the Best Forex Trading Broker? – The Recognizable Signs

The world of virtual Forex trading is a diverse and complicated one. Users have to learn to recognize the legit Forex brokers from the scam ones. Otherwise, they risk losing their earnings, deposits, and investments. They can always turn to ‘Is-Scam’ in times of need. Our FX investment platform review database is vast.

We will now give clients a more detailed description of how to be certain that the Forex trading broker is legit. Some of the characteristics include the possession of an official license and certificate. Others are more basic. It is best when they are combined and come as one whole product package. Remember, the main characteristics of a legit and trustworthy Forex broker are easily-distinguishable.

Here are some of them:

  • Demo Account & Account Types: Authentic FX trading platforms provide access to, at least, several account types with different special features and tools. The demo account should be a characteristic of all of them. Maybe except for the higher categories where clients rarely need it. It allows customers to grow and get used to the given broker’s specifics.

  • Payout Rates: Achieving good returns is the main purpose why people engage in online Forex trading. Make sure to check the payout rates of the Forex broker you are considering to sign-up for.

  • Investment Platform: Successful trading and smoothly-accumulated profits all depend on enjoying an uninterrupted trading process. Which is closely tied to the utilized investment platform. MetaTrader 4 (MT4) is a fine example of a piece of software which ensures fine services.

  • Customer Care Service: Since digital Forex trading can be done around the clock, clients might need of advice at all times. Customer support care should always be provided on a 24/7 basis. Team members should handle clients with genuine interest and kindness. It is best to also have it available in several different languages.

  • Minimum Deposit: Don’t forget, the bigger the initial investment – the higher the total payouts and Forex trading profits!

  • Available Currency Pairs: Again, the more – the merrier! Most traders prefer to invest in a wide variety of assets. This way, they can counteract and respond quickly to negative asset price trends, minimizing losses and maximizing gains.

  • Registering for a Licensed & Approved Forex Trading Platform: It is always good to know that the Forex investment platform that handles your earnings and investments is monitored. This excludes the possibility of malpractices and scams. Official authorities and their respective organizations regulate the way that legit and authentic FX brokerages operate.

How to Open a Trading Account with a Forex Broker in 3 Easy Steps?

There is nothing hard about getting started with a digital Forex investment broker. All that clients have to do is comply with the well-established procedure. It has been the same for many years now. Most online investment platforms apply the strictest SSL 2556-bit information encryption protocols to all financial and personal customer data. Data is stored on separate servers which are usually located in different countries, if not continents. There have been no FX broker complaints in user testimonials, reviews, and feedback about possible leakages.

Here are the 3 easy steps to opening an investment account with a Forex broker:

  1. Choose a Suitable Account Type & Sign Up: Clients must first enter their name, valid telephone number, email address, and country of origin. They will receive a confirmation letter in their inbox. They must proceed to the link, applied inside, to activate their trading account of choice. A Personal Account Manager will call them shortly to help them with the settings.

  2. Make Starting Forex Investment & Trade: Clients can always deposit just the minimum amount, required for the given account type. All deposits are safe and they can request a withdrawal at any given moment. But the highest payouts and profits are generated by those who make bigger starting investments!

  3. Send Withdrawal Request & Enjoy Earnings: Most legit Forex broker present users with the possibility to make speedy 1-day or same-day withdrawals of their payouts. Even if one opts for the regular procedure, it should not take anymore than one business week. This is attributed to the different bank transfers policies around the world.

What Is Forex Demo Trading & Is It Helpful?

Having a demo account or demo trading account available at your hand is very useful. Especially, to get used to the Forex broker’s specifics. Clients can take advantage of it to find out how the FX & CFD investment platform works. Most legit Forex brokers include it in every of their available account types. Clients are usually provided with $10,000 to $20,000 of virtual investments that are used for training purposes only. They are not billed or invoiced in any way.

Here are the main pros of having a Forex trading demo account at your free disposal:

  • Excellent Way to Train One’s Trading Skills & Learn How the Forex Broker Works;

  • Trades Are Not Successible to Slippage, Interest and Dividend Adjustments, or Out-of-Hours Price Movements;

  • Unlike with Live FX Trades, Demo Trades Will Never Be Rejected Because of Size or Prize;

  • There Are No Additional Charges, Like for Chart Packages;

  • Demo Account Trades Will Not Be Closed on the Grounds of Insufficient Funds;

What Is a Forex Trading Bonus & How to Get It?

Forex trading bonuses are monetary or material investment promotion, incentive or encouragement for the newcomer, regular, VIP or long-term clients. They can be provided on a regular, recurring or sporadic basis. Online FX brokerages do not hand them out to receive anything in return. It is simply a way of showing gratitude for the interest in their trading platform or staying with them for so long. Newly-registered users get an initial sign-up bonus on most legit Forex trading platforms.

Here are some of the main types of Forex trading bonuses:

  • Deposit Bonus: These bonuses are given so that users can make their first deposit on the FX broker’s official website. They are usually in %, meaning that the customer’s account fund will increase with a given ‘%’ and not with concrete sums.

  • No Deposit Bonus: Given to newcomers that shy away from making their first trade so that they can overcome their fears. Users do not make any personal investments. The entirety of the sum is sent by the Forex broker.

  • Welcome Bonus: Handed over to users with newly-opened trading accounts.

  • Special VIP Bonuses: These are intended for people who have a VIP or higher account types. Their exact contents are disclosed solely to people that have one opened.

  • Regular Customer Bonuses: Mainly digital investment programs that are developed and designed specifically for loyal customers.

  • Pending Forex Bonus: This Forex bonus can only be used after the user does a particular action on the FX brokerage’s official website. Such are mainly assigned to newly-registered customers who have to carry out several trades first.

  • Forex Reload Bonus: Designed for regular customers of the investment platform. It is an instantly-granted bonus that one receives after making a deposit. It is good for people who like to trade on the foreign exchange market frequently.

Choose the Best & Achieve the Best Forex Trading Results!

Our dedicated editorial team will do our best to help clients accumulate good Forex payouts. We want to help users find the most suitable Forex trading broker for their individual needs and goals. Simply write to us in times of uncertainty and unclarity.

Let us teach you how to take advantage of it and achieve financial freedom and prosperity. So many people dream of making it a vital part of their lives! But they never have the power or confidence to do what it takes. Do you want to be a loser of an achiever? Secure your future today.

Inaction is a weapon that keeps many from living to their fullest potential. Do not let that happen. We can help you achieve your monetary goals. By giving you a clear and objective perspective of the legit and scam Forex brokers. It is up to you what to do with your life and this piece of viable Forex trading information. Make the right choice!