Choosing the Right Broker
Member Since Dec 05, 2020
81 posts
Dec 08, 2020 at 07:18
(edited Dec 08, 2020 at 07:18)
Justin990 posted:
In my trading experience as a scalper, I would say FP Markets is the right choice of a broker because of the spreads they offered is some of the lowest and it has a faster execution speed when compared to my previous brokers like XM and IC Markets.
Since how long have you been using them now?
Dec 08, 2020 at 08:27
The choice of a broker must be taken very seriously. And check your broker yourself. It often happens that people, without understanding, choose a broker that does not suit them. Or, just after reading negative reviews, some people pass by a suitable broker. So figure it out, find out. And you will find what you need.
lovefortrading (perryjohn765)
Member Since Sep 12, 2017
238 posts
Dec 08, 2020 at 08:30
it is one of the tuffest job to search for the right brOKER. Other than the regulation we need to see the broker that actually fulfils the basic requirements like spreads, commission and features like scalping hedging. So i believe it is not always right to go by the names but also check it yourself by trying the demo.
Dec 08, 2020 at 12:28
Mauk posted:woah! ain't 1000x too high? i mean, i got around 0.2 pips with fxview or ICM, but 1000x? your broker regulated? don't you feel unsafe with such high leverage?
I am very careful when choosing a broker and made a choice in favor of a market because they provide a spread of 0.2 pips and a trading leverage of 1: 1000
Dec 18, 2020 at 14:04
'Does anyone trade with an ECN pricing broker that offers lower spreads and fast execution?
I was a previous trader with pepperstone, at First the spreads and execution were good, but after some time the spreads were not consistent, and execution speed was not the same.'
I was a previous trader with pepperstone, at First the spreads and execution were good, but after some time the spreads were not consistent, and execution speed was not the same.'
Dec 23, 2020 at 10:57
NathanJr posted:I trade with fxview and they are good, both spreads and execution wise.
'Does anyone trade with an ECN pricing broker that offers lower spreads and fast execution?
I was a previous trader with pepperstone, at First the spreads and execution were good, but after some time the spreads were not consistent, and execution speed was not the same.'
Member Since Jan 11, 2019
147 posts
Dec 23, 2020 at 12:05
the broker with regulation, good leverage is the correct broker for you, do check the spreads and execution on the demo first.
Member Since Oct 30, 2020
21 posts
Dec 24, 2020 at 10:32
BenNathanFX posted:
With the multitude of scam brokers and bogus reviews out there finding a broker is mega hard, or at least mega confusing, so I created a video to go through the steps I take when looking at a new broker - these can be applied to any broker you look at so I hope this helps some people.
https://dailyforexschool.com/blog/blog/5-steps-to-choosing-the-right-broker
Especially Read the latest reviews on top forex broker...
https://fxreviewtrading.com/broker/investlite/
Member Since Jul 23, 2020
869 posts
Dec 28, 2020 at 01:13
Gracewilson1995 posted:Regulation and trading services is important to check before investing any money.
the broker with regulation, good leverage is the correct broker for you, do check the spreads and execution on the demo first.
Member Since Sep 18, 2020
31 posts
Dec 29, 2020 at 07:25
Certainly, regulation is one of the prior things I look for, in a broker followed by good trading conditions. This is the reason I ended up with Fxview since they are Cysec regulated and quite good in terms of offerings such as good execution, tight spreads and quick withdrawals.
Member Since Oct 26, 2020
29 posts
Jan 21, 2021 at 09:39
Yeah, there are so many scammers in the market and every trader, be it a newbie or an advanced one should be very careful while selecting a platform.
lovefortrading (perryjohn765)
Member Since Sep 12, 2017
238 posts
Jan 21, 2021 at 11:09
Fx_howie posted:the right criteria is to try them urself.. check the spreads, the trading conditions and the regulationJohannes33865 posted:What is your criteria of choosing the right broker?
Choosing the right broker is very important.
Jan 21, 2021 at 14:41
'Since there are many scammers out there the best way I prefer choosing a broker is by their experience in forex business, like I use FP Markets because it is one of the oldest broker active since 2005 that over a decade.
I would recommend choosing an older broker because they are much more reliable; it is better to check the broker's reviews and regulation before investing in it.'
I would recommend choosing an older broker because they are much more reliable; it is better to check the broker's reviews and regulation before investing in it.'
Member Since Jul 20, 2020
341 posts
Jan 22, 2021 at 09:25
Broker is the most important element in the trading. If you can not pick the right broker for the market, you can not survive in this risky market.
