I am not a pro trader myself but I am good with the law, this was my formal education. To all those new traders which are going to trade, pls research if the broker is regulated. I myself trade with HFM, and it is regulated by many financial organizations, the more the better. Also, look if the broker has some documents on the website, this is also important. The same logic here, the more the better. Remember, a good company has nothing to hide from its clients!