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Choosing the Right Broker

Aurisida
Dec 27 2020 at 20:56
46 posts
To make the first experience as pleasant as possible, it is better for a novice trader to choose a broker with a minimum initial deposit, so that in case of an unsuccessful transaction, he does not lose much
LyudmilLukanov
Dec 28 2020 at 01:13
809 posts
Gracewilson1995 posted:
the broker with regulation, good leverage is the correct broker for you, do check the spreads and execution on the demo first.
Regulation and trading services is important to check before investing any money.
VictorAxel
Dec 29 2020 at 07:25
31 posts
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.

Fx_howie
Dec 29 2020 at 11:18
36 posts
Johannes33865 posted:
Choosing the right broker is very important.
What is your criteria of choosing the right broker?
Martow (Martow6474yfhfyf)
Dec 31 2020 at 11:40
4 posts
When choosing a broker, I am often guided by the question of withdrawing funds. This is critical to me.
turduckenpant
Jan 21 2021 at 09:39
29 posts
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)
Jan 21 2021 at 11:09
238 posts
Fx_howie posted:
Johannes33865 posted:
Choosing the right broker is very important.
What is your criteria of choosing the right broker?
the right criteria is to try them urself.. check the spreads, the trading conditions and the regulation
Bradley88
Jan 21 2021 at 14:41
43 posts
'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.'
Andronn
Jan 22 2021 at 08:14
90 posts
Trust in a broker who has been on the market for more than 5-7 years, of course, more because there is confidence that such experience is earned on good terms
ElliotCooke
Jan 22 2021 at 09:25
341 posts
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.
Elena Triston (ele020)
Jan 22 2021 at 09:26
219 posts
Andronn posted:
Trust in a broker who has been on the market for more than 5-7 years, of course, more because there is confidence that such experience is earned on good terms
That is correct. A broker who has been in the market from quite a long time has genuine history which is required to check the worthiness of the broker. A trader can know more via reviews, news, ranking etc. of that particular broker.
The more your practice, the more you learn.
lovefortrading (perryjohn765)
Jan 25 2021 at 03:37
238 posts
why always the old broker in this way we can ignore a new broker with good offering..a research is imp.. an old broker with a good name might not fulfil everybody's trading conditions.
MichaelEX
Feb 02 2021 at 09:59
48 posts
The first and most important thing we should check is the regulation of brokers.
Also, before choosing any broker for making investment be knowledgeable about various fees charged to get the services offered by that particular broker.
Alberncon
Feb 03 2021 at 11:47
48 posts
I'm currently looking for a reliable broker with ASIC or FAC regulation with tighter spreads and lower commission. Anyone currently trading with such a broker?
GordonDenzil
Feb 11 2021 at 14:46
51 posts
'I agree with Elena Triston; an older broker is much more reliable than brokers that have just developed in forex. A more senior broker gives traders the confidence and security that they invested capital is safe and in good terms.

For example, I trade with FP Markets an ASIC regulated broker that has been active since 2005, I've been trading with them for close to a year and did not come across any major issues with withdrawals or during trading live.'
waspbelt
Feb 18 2021 at 05:26
12 posts
Yes, there are so many scammers that it becomes difficult for new traders to identify the legit brokers from them.
AurelieFrancis
Feb 18 2021 at 13:36
49 posts
What should a beginner looking for in a broker for live trading?
lovefortrading (perryjohn765)
Feb 18 2021 at 13:57
238 posts
regulated and ECN. the best combo in a broker.
Gergo_01
Feb 20 2021 at 06:24
24 posts
Alberncon posted:
I'm currently looking for a reliable broker with ASIC or FAC regulation with tighter spreads and lower commission. Anyone currently trading with such a broker?
Check fxview. Spreads are tight and they are regulated with FCA/Cysec. For commission, all they charge is $2/lot rt.
AmDiab
Feb 21 2021 at 09:27
718 posts
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
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