In my opinion, the broker gets the most profit, because the client's funds will be taken by the broker due to price manipulation.
I only make a maximum deposit of $1000 for each broker, this is to prevent scams on a broker.
No broker offers a 100% guarantee that funds will be returned. So I divided each deposit among several brokers.
It's crucial to do your due diligence before selecting and using a broker. Many brokers offer so many bonuses that clients can't withdraw their funds.
Many novice traders get trapped because they don't carefully read the terms and conditions of the bonuses they receive.
You're right, many novice traders get caught up in this bonus and say the broker is a scam. They don't understand the terms and conditions and therefore say it's a scam.
Lack of experience and knowledge can lead novice traders to make misjudgments. This kind of education should also be provided.
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