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How do I identify a reliable forex broker?
I was looking for a commodity broker here on FX-List https://fx-list.com/commodity-forex-brokers . Thanks to the user-friendly interface of the site, I found everything I needed in one place without hopping across multiple forums or broker sites. After reviewing multiple brokers on FX-List, I narrowed my options based on fees, trading tools, and customer support.
Your deposits should be held in segregated accounts, meaning they are kept separate from the broker’s operational funds. This ensures that even if the broker faces financial issues, your money remains protected. Additionally, some brokers offer insurance schemes in case of insolvency.