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Choosing the Right Broker
Sep 25, 2019 at 13:52
Member Since Apr 18, 2017
920 posts
Mohammadi posted:
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
If you are trading with a market maker but low trading spread; that means nothing to me!
Oct 22, 2019 at 08:28
Member Since Aug 09, 2017
785 posts
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Member Since Aug 27, 2017
994 posts
Oct 28, 2019 at 15:07
Member Since Aug 27, 2017
994 posts
Imamul posted:
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
On the other hand; hidden charge is very critical issue; traders should count the facilities so carefully! Because, market maker brokers are very available!
Member Since Jul 09, 2019
38 posts
Nov 08, 2019 at 12:05
Member Since Jul 09, 2019
38 posts
Imamul posted:True, I chose to trade with my broker Turnkeyforex out of this very concern only. Spreads are the main and with this broker, they go as low as 0.2 pips.
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Member Since Aug 05, 2017
289 posts
Nov 08, 2019 at 16:41
Member Since Aug 05, 2017
289 posts
AniLorak posted:Mohammadi posted:
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
If you are trading with a market maker but low trading spread; that means nothing to me!
How do you know it is a market maker though?
Nov 11, 2019 at 07:27
Member Since Aug 11, 2017
886 posts
i think the broker which always ensures security of funds, lowest trading spreads, low transaction cost, easy withdrawal system without long time process, active customer services, free demo trading, superior execution and much more real trading facilities that are very supportive to lead a comfortable trading life with certainly.
Nov 13, 2019 at 09:24
Member Since Jul 12, 2018
19 posts
Roberto21 posted:Yeah forums could be really helpful in finding a right broker, I got to know about my current broker coinexx from babypips only and they are indeed good, specially with their spreads and commissions.
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And EarnForex and Babypips can be a great source to find a right broker nowadays.
Jan 03, 2020 at 14:18
Member Since Apr 18, 2017
920 posts
Roberto21 posted:
brokers can affect the result of our trading with certainly ,
so choosing a right broker is very important task.
On the whole, market maker brokers do so; but transparent brokers always ensure traders capital security!
Jan 11, 2020 at 11:35
Member Since Apr 18, 2017
718 posts
No doubt on it, transparency is the key! This is why, I have chosen my trading broker so carefully & from the last 1.5 years I have been trading with tpglobalfx, they provide me best trading conditions, which is very important to me, since I am a scalper! Every single pip is countable.
Jan 18, 2020 at 17:22
Member Since Aug 09, 2017
785 posts
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Jan 25, 2020 at 19:21
Member Since Sep 26, 2019
23 posts
It's not that obligation that your broker should be regulated or something else. I do assume it should be done in really positive way with everything here. How else do you plan to compete with people from first world with a lot of cash in their hands.
Member Since Jul 23, 2020
869 posts
Member Since Jul 20, 2020
232 posts
Aug 14, 2020 at 09:39
Member Since Feb 07, 2020
41 posts
Choosing the right broker means choosing a right trading path as brokers play quite an essential role in trading. Before choosing a broker always check for the reviews online, talk to them, ask everything you want to know, check their legitimacy, and then go for one.
Member Since Jun 28, 2018
10 posts
Aug 14, 2020 at 14:35
Member Since Jul 19, 2020
751 posts
Choosing a good regulated broker is very important. There are many scam brokers in the internet. You need to find a legitimate one to protect your money. You also need to consider spreads, margin level, deposit and withdrawal facilities and many more.
Member Since Mar 05, 2020
3 posts
Aug 20, 2020 at 07:05
Member Since Oct 19, 2019
12 posts
@Moritz735367 first search in forums Wikifx, FPA to see the reviews. Also check if its regulated and which regulation. Usually CySEC, FCA, FSA are the most popular.
Protecting your capital is more important them make more capital
Member Since Jun 05, 2020
33 posts
Aug 21, 2020 at 10:43
Member Since Jun 05, 2020
33 posts
diogomx posted:I agree with you on most points. But as for regulations, Cysec, FCA are popular but only for traders who are residing in Europe, so you need a multi regulated broker. supposedly, there this broker fxview they are regulated by Cysec and FCA, so they will accept only EU clients, but for instance, we take Pepperstone they are with ASIC as well, so they can accept Australian clients too and this is how it goes. so before settling for a regulation, make sure it is regulated under your own country's jurisdiction, to be safe.
@Moritz735367 first search in forums Wikifx, FPA to see the reviews. Also check if its regulated and which regulation. Usually CySEC, FCA, FSA are the most popular.

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