The forex market has become crazy, but this craziness makes it profitable. In this market, having a reliable broker is vital. One month ago, many brokers stopped offering RUB pairs, now CHF. This creates instability for traders.
I understand that volatility can cause problem for brokers, but as a trader I expect to have a solid service.
This problem is happening again and again, and become a routine part of forex market. The email sent by FxPro proves that. They used the same template as suspending the RUB email, and forgot to replace RUB with CHF in a place. This shows that brokers have a template ready to suspend pairs.
I am thinking to leave forex market and trade on futures instead. As traders, we should deal with the craziness of the market; then, we expect to have stability of the broker.
I believe these situations are time of recognizing reliable brokers.
I understand that volatility can cause problem for brokers, but as a trader I expect to have a solid service.
This problem is happening again and again, and become a routine part of forex market. The email sent by FxPro proves that. They used the same template as suspending the RUB email, and forgot to replace RUB with CHF in a place. This shows that brokers have a template ready to suspend pairs.
I am thinking to leave forex market and trade on futures instead. As traders, we should deal with the craziness of the market; then, we expect to have stability of the broker.
I believe these situations are time of recognizing reliable brokers.