Knowing how to recognize a reliable forex broker is really important. Forex is one type of transaction that is often used as a trading activity. Basically, dominated by big banks around the world.

If you are an individual trader who wants to trade with small and limited funds, of course, the big banks will not want to make these transactions. That is why forex brokers are here to bridge retail transactions made by individual traders in transactions.

The role of the forex broker is to arrange for each trader to make transactions in the forex market. The broker will forward your requests so that later every trader's request can be accommodated in the large and massive forex market.

A forex broker such as Didimax forex broker will provide facilities that allow traders to make transactions online through individual devices in the form of trading platforms or applications. A trader can find out real-time market conditions and do transactions through the platform. 

But one thing you need to remember is, do not make the wrong choice and save your funds with brokers who are illegal to operate in Indonesia, aka not registered with BAPPEBTI. Worse yet, it turns out that the broker is a fraud.

The Differences Between a Reliable Forex Broker and a Fraud

Many traders often feel confused to find out the right forex broker for them. Lack of knowledge of trusted forex brokers often makes traders wrong in making choices. There are several characteristics of fraud you should consider.  

If you find a broker who dares to promise profit, whatever it is. Especially if the promises are very high, up to hundreds of millions, then you should be suspicious of this. A reliable forex broker will never do that. 

Forex brokers are only intermediaries who will connect you with the market so that you can make buying and selling transactions in the forex market. Whatever investment you make of course there will be losses and profits, as well as forex trading. 

No one can give a definite guarantee of 100% profit, even continuously without ever experiencing a loss. Although the best forex broker will never promising profit. They only will guide you on how to gain profit.

The only thing you can do is learning how to be a good trader. You can follow the path of several success stories of world-class traders. From then, you will learn that every success is gained by doing great things on your own.

The Reliable Forex Broker Never Offered Any Nonsense Bonus or Promotion 

Usually, an entity that aims to deceive and in the name of forex trading will always try to lure you and other traders by providing fantastic bonuses or promotions. For example, offering hundreds of percent deposit bonuses. 

Maybe even offering trading robots that can make transactions automatically without ever experiencing a loss in trading (100% sure profit, no loss). Things like this are just a trap used by fraudsters to lure their victims.

Even if they promise, a reliable forex broker will usually only promise transparent trade execution and offer various conveniences. Especially when traders are going to make deposits or withdrawals.

In contrast to certain individuals, they have a thousand reasons to pending in the process of disbursing funds or withdrawals that you do. Of course, in this case, you need to be careful to understand the quality of the broker of your choice.

A great forex broker also will provide you a great and stable platform to do transactions. The platform should have complete features. Only then you will know which one is the reliable forex broker.