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Choosing the Right Broker

Adribaasmet
Mar 21 2019 at 07:09
947 posts
togr posted:
So couple of rules to chose the right broker
1. The trading conditions are good for your system - be it sllipage, spreads, pairs, swaps or leverage
2. There is NOT negative record on FPA
3. There IS proper regulation, avoid for example New Zealand.



Mate; is there any broker without negative review on FPA? I checked but didn’t get any 5***** Forex broker.

Treeny
Mar 25 2019 at 07:14
142 posts
Yeah, the FPA crowd a very quick to slate brokers

AniLorak
Mar 25 2019 at 10:58
920 posts
Treeny posted:
Yeah, the FPA crowd a very quick to slate brokers


Till now, FPA is the number one broker review site! But I don’t think, only one review is enough to judge; on the other hand, new traders should use demo or micro type live account before their final investment.

AdebayoTheBest
Mar 25 2019 at 12:06
8 posts
The people on FPA are way to negative and think that all brokers are out to scam them. Sure some brokers are scammers but many are legitimate brokers. Some people on FPA give 1 star review because they couldn't use MT4 or their withdrawal wasn't made in a couple of hours. I just focus on regulation and spreads. Those are what really matter

Adribaasmet
Mar 25 2019 at 15:26
947 posts
AdebayoTheBest posted:
The people on FPA are way to negative and think that all brokers are out to scam them. Sure some brokers are scammers but many are legitimate brokers. Some people on FPA give 1 star review because they couldn't use MT4 or their withdrawal wasn't made in a couple of hours. I just focus on regulation and spreads. Those are what really matter


In addition, it’s very rare to get good broker based on the ratting status of FPA. Really strange.

Mohammadi
Apr 06 2019 at 21:49
886 posts
If you want to lead a healthy trading life with certainly you have to choose the broker which always ensures security of funds , lowest trading spreads for using any trading techniques , low transaction cost , easy withdrawal system without long time process, active customer services , free demo trading , and much more that are very supportive to lead a comfortable trading life with certainly.

kaneutaka
Apr 10 2019 at 11:42
7 posts
There are many criteria that choosing the right forex brokers. One of them is forex bonuses. For example no deposit bonus. This bonus is not allowed to be withdrawn but it allows you to trade with a larger account in addition to the original deposit. For more, you can check this article https://www.forexbrokerslab.com/forex-bonus-no-deposit-welcome/

FaridAnwer
Apr 10 2019 at 14:21
10 posts
Bonus is probably the #1 worst way to choose a broker. Bonus should not even be considered. If there is one that that is a bonus! Regulation , spreads, reputation - those are the factors that are important not bonus

Mohammadi
Apr 11 2019 at 05:47
886 posts
The best broker is a broker which for all time makes sure security of funds at any deposits with a wide range of trading technologies. And any best broker does not restrict any kinds of trading techniques with scalping and hedging.

Treeny
Apr 14 2019 at 06:34
142 posts
Agree that bonus giving brokers should be avoided. They often lock in your real funds and make it impossible to withdraw any money from them

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