Hey, is Broker Agea included in the category of dealers (DD)? I'm still confused. I'm new to forex, so which broker is good? There are many that make it easy to deposit and withdraw, but I hear a lot about scam brokers. So, which one is good? Can you recommend one, please? I'm a beginner.
@Zainab: Admin, is Agea Broker a dealer (DD)?
According to information from the AGEA Profile and Review page, this broker is a hybrid type or a mixture of STP (NDD) and market maker (DD). I don't know which type of account is STP and which is Market Maker, you can ask directly to AGEA's Customer Service (CS).
...so roughly which broker is good?
Personally, I recommend trading with forex brokers that are regulated by internationally credible regulatory bodies, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA. These regulatory bodies are responsible for the security of client funds and will impose strict sanctions on brokers if they violate agreed terms. In terms of security, brokers like this are safer than brokers from offshore countries such as Belize, Cyprus, Vanuatu, British Virgin Islands, etc.
Thank you