Trading in forex markets is subject to regulations imposed by government authorities and regulatory bodies. Understand the importance of adhering to these regulations to ensure fair and transparent trading practices.
Upholding ethical standards is vital in trading. Learn about ethical considerations when interacting with markets, clients, and counterparties. Avoid fraudulent schemes and scams by recognizing red flags and conducting thorough research.
Choosing the right broker is crucial for your trading journey. Learn how to assess brokers' credibility, reliability, trading platforms, fees, and customer support. Conduct due diligence to ensure your chosen broker aligns with your trading needs.
We recommend one brokerage only. The reason being that it is the brokerage we use exsulusively.
It's open to Canadians, uses MT4 and expert advisors, has a huge list currencies, indices, commodities, crypto and some of the closest spreads on the market.
We are a proud affiliate of Fusion Markets and we highly recommend them for all your trading needs.
Research and compare different brokers based on their offerings and regulatory compliance. Develop a checklist for selecting a broker that aligns with your trading goals and values. Stay informed about regulatory changes that affect your trading activities.
Next up: Day Trading Lesson 14: Developing a Trading Career