Who is a Forex Broker? Example of Trendsmacro broker

Trendsmacro forex broker for newbies or not? Trendsmacro broker 2021 20 / 02 / 21 Kuantyay Sabaaymi Visitors: 77 Rating: ★★★★★

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Trendsmacro scam

Forex brokers (like Trendsmacro broker) are intermediaries in the sale and purchase of currencies. And this activity in their main source of income, which is formed due to the spread, or the difference between buying and selling currency, or direct payment for a completed trade. Therefore, Forex dealing centers are interested in the activity of clients, so that they carry out as many transactions as possible and receive profit from them.

Forex - things you need to know

Such characteristics of the forex market as a significant volume of turnover, volatility and global structure contributed to the rise of its popularity among investors. This market has a high level of liquidity, that’s why investors can open and close very large orders without affecting the exchange rate. Large-scale positions are available to traders due to margin requirements in the industry.

Forex offers the investor more opportunities to make big money, however, the risks are much higher than, for example, in trading stocks. One of the key features of Forex is the level of leverage. Due to the high liquidity of forex, margin requirements are low and leverage is high. It is simply impossible to find such low collateral requirements in the stock markets; in order to buy shares it is necessary for trader's account to have at least 50% of their value, while to buy currency only 1% is needed. For example, having $ 1,000 on his account, a trader can control the capital of $ 100,000 - the rest of the money is lent by the broker. Super-high leverage means huge profits turn into losses in no time if the market moves in a different direction. You can lose all your capital in a few minutes. It is extremely important for beginners to understand, as well as the fact that the foreign exchange market - due to the huge amount of money and players - actively reacts to new information, which leads to sharp movements in currency pairs.

There is often a interruptions in the stock markets activity. For those moments volumes are falling, trading activity is decreasing. As a result, it can be difficult to open and close positions at the right time. In addition, not all investors are able to make money on falling stocks.

On the other hand, in Forex, you can make money both on growth and on a fall, since in each transaction a trader simultaneously sells one and buys another currency. In other words, short selling is part of every trade. Due to the high liquidity of the foreign exchange market, there is no need to wait for a price increase before opening a short position (as opposed to the stock). Trendsmacro review

Trendsmacro forex broker about:

Broker Type: CFD

Country: Republic of the Marshall Islands

Operating since year: 2020

Address: Republic of the Marshall Islands

Broker status: Active

 

Customer Service

Languages: English

Availability: 24/5

 

Trading

Trading platforms: MT4

The Trading platform Time zone: GMT +2

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Minimum deposit ($): $250

Maximal leverage: 1:300

Spread: Variable

Scalping allowed: YES

 

Main tariffs:

 

Bronze

 

Silver

 

Gold

 

Platinum

Is Trendsmacro scam or a trustworthy broker?

Verification shows that scammers will not be able to register at Trendsmacro forex and sell through the platform. To combat money laundering and fraudulent transactions, a control procedure is necessary for each client and is conducted through the verification of each client. To pass it, you will need screenshots of documents (receipts from a bank, passport), a client's photo (on request) and other papers. For more information, please check the KYC support page of the site, and you’ll find out what documents the security service can ask for.

Broker wants to offer most compatible trading conditions and the best client service. That’s why it has different account types for different level of traders. Also Trendsmacro forex broker system works hard to connect with major financial services of the region. So up to the moment, Trendsmacro broker has established secure connections with major European liquidity suppliers.

Conslusion:

A Trendsmacro broker has entered the market and has not darkened its reputation in any way. The company is no stranger to stock trading as it has worked with European clients for many years. Traders' reviews most often positively characterize trading with this broker.

Among the advantages of the company, there are ways to withdraw funds, good support, online training and favorable trading conditions.

 

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