friedjohan
Member Since Jul 27, 2020
17 posts
Apr 25 at 08:10
I think these should be the points that newbies should consider when selecting a broker
Regulation
Data security
Trading costs and trading platforms
Trade execution speed
Quality of customer service
Regulation
Data security
Trading costs and trading platforms
Trade execution speed
Quality of customer service
gookerjohnson
Member Since Dec 23, 2020
18 posts
Apr 25 at 08:11
Hey, I’ve just started trading, can someone suggest to me a low-cost broker that has tight spreads and offers a swap-free account?
Harshelgibbs
Member Since Oct 29, 2020
15 posts
Apr 26 at 07:08
I’ve heard that brokers can manipulate the prices of currency pairs, so I would only go for a broker that offers transparent pricing.
CocoChannel
Member Since May 27, 2021
57 posts
Apr 26 at 11:10
gookerjohnson posted:As per my experience, fxview spreads are quite low, ranges between 0.1- 0.2 pips and also offers Islamic accounts - swap free.
Hey, I’ve just started trading, can someone suggest to me a low-cost broker that has tight spreads and offers a swap-free account?
RobertFerrari
Member Since Aug 15, 2021
381 posts
Apr 27 at 04:50
Broker plays the role as an intermediary and so, always try to select a regulated trading broker. Regulation gets the most priority than leverage and other related facts. An unregulated broker is a curse to a trader’s life. A regulated broker always customer-focused and ensures the best facilities.
LabuyaChicay
Member Since Feb 16, 2022
54 posts
Apr 27 at 06:58
A trader should go for such a broker that offers low spread, high security and high leverage. A certified broker allows new investors with handsome amount of welcome bonus. In all ways, a scam broker is harmful for a trader so traders should be careful about this.
Mitchelsmith
Member Since Oct 29, 2020
21 posts
May 05 at 10:24
In the modern world, an internet presence is very important when you are choosing a broker to trade with. Instead of going by what your broker tells you about their services, you must check what their previous customers have to tell about them.
mortanlais
Member Since Dec 24, 2020
20 posts
May 05 at 10:26
The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.
Pepperstone, icm, fxview and fxtm are some good broker options with low trading cost plus they offer swap-free accounts as well.
I trade with an ASIC registered broker known as FP Markets. They provide some of the best trading conditions with a commission cost of $6 per turn lot which is lower when compared to most ECN brokers.
CraigMcG2020
Member Since Jul 20, 2020
331 posts
May 17 at 16:09
mortanlais posted:
The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.
This is a key factor for me too as the markets are open all day and night during the week it's key to have customer support that matches that
Williamfreed
Member Since Aug 10, 2021
176 posts
May 18 at 00:29
You must choose a regulated broker with a good reputation in the field of forex.
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