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How to take advantage of our rebate offers and increase your chances of success in forex.

There are several things to consider when starting out in forex, even if you're a seasoned trader you might still find these pointers useful.

1. Always do business with reputable/regulated brokers.

CySEC Regulated Brokers

In the last few years many brokers have appeared on the forex scene operating from Cyprus. The reason is because of the low taxes in Cyprus and the recent EU accession(Cyprus joined the EU in 2003). This has allowed some brokers to start operating in Cyprus with relatively low capital requirements(1-2M compared to $20M in USA), while providing customers with up to 20,000 coverage in case of broker default. As of November 1st, 2011, there were over 110 financial firms registered with CySEC. Below you will find all the forex brokers registered with CySEC , as well as rebate offers for some brokers, offered by FxRebateGurus

FSA Regulated Brokers Compensation Scheme

For forex brokers regulated by the FSA(UK), each investor is eligible for compensation in the event of default of the broker.
Below are the investment limits covered, and the claim process steps. The coverage is provided by the Financial Services Compensation Scheme - http://www.fscs.org.uk

Investment Limits:
The maximum level of compensation for claims against firms declared in default on or after 1 January 2010 is 50,000 per person per firm.

How to avoid a forex scam.

The first forex account I ever opened was back in 2005, it was a broker that gave some sort of a bonus with no strings attached, I found it on fatwallet.com, which is a website where people share all kinds of deals. So I opened my account got my $50 or so bonus, but I decided to look at the platform a bit since I had already been doing some stock trading. I had no idea what was going on, the price moves seemed very small, I had no idea how to guess where the price was going.

Should I trade forex?

If you've heard about forex and are considering opening an account in this high leverage market this article is for you. There are several questions you need to ask yourself if you're about to open a forex trading account. First and most important question. 

Do I like to take risks? If you answered no then forex is definitely not for you, but I assume that if you're reading this then you must be somewhat comfortable with some degree of risk. Let me talk a little bit more about risk before moving on to the next topic. Forex brokers give you leverage anywhere from 50 times up to

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