Blocking the trader's account.

One of the critical troubles that you can encounter when trading Forex is the blocking of a trader’s account, and this phenomenon is quite common, and you can become a victim of it simply out of ignorance.

As a result, your funds are not only blocked, but you won’t even be able to access your account; all that remains is to pester support with questions about the reason for what happened.

So that you don’t have to deal with such a phenomenon, you need to know why your Forex account can be blocked.

• Using software that disrupts the work of a broker - as a rule, these are advisors who not only trade, but also interfere with the operation of the trader’s terminal.

• Opening several accounts immediately arouses suspicion and leads to blocking of the account; after this it is extremely difficult to prove your case.

• Suspicion of fraud - there are several options for how to deceive a broker, I will not list them here, but of course, if you decide to somehow violate the trading rules, the account will be blocked.

scalping brokers may allow you to trade this way , but not all of them.

True, in this case the company will most likely return part of the funds, but you will have to forget about the profit. • Incorrect information when opening an account - if it turns out that you are trying to trade under a fictitious name, you can simply say goodbye to everything you deposited into the account.

• Big profits - if you trade consistently earning 20-30 percent per month, then this will not arouse suspicion among anyone, but after you earn 1000% per day, be prepared for the account to be temporarily blocked for verification.

I don’t know what they check there, but if everything is in order, no one takes the money; I myself fell under a similar procedure twice.

In addition, you may end up with a fraudulent company that does not want to give up your profits; all you have to do is shrug your shoulders and not repeat a similar mistake in the future.