Hello folks! I once got scammed by broker before from which I lost about $500. It sucks. So what I did was I did a lot of research about some of the best Forex brokers online. So I bumped into this website of provider of online FX companies http://topbrokers.com/forex-brokers/. I saw all the regulators that monitor each broker's operations. I also got information about the bonus programs, trading platforms, and payment methods each broker uses. It's a very informative site that can help not only the newbies, but also those professional investors.