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Choosing the Right Broker

Davidfx89
Sep 03 at 08:16
161 posts
so many scammers are available , so traders should focus on there
Marcolis
Sep 04 at 09:24
129 posts

If you run a survey over the problems that forex traders are suffering from, most ones will come out regarding scam broker issues.
Parker09
Sep 06 at 11:38
57 posts
I suggest choosing a broker based on your trading strategy and methods. For example, I trade with them using their ECN account, which is suitable for scalping.

The spreads are tighter, averaging around 0.1-0.3 pips with a commission cost of $3 per lot and an execution speed of 45 ms.
Briosody
Sep 09 at 06:40
44 posts
I’d choose a broker with a low trading cost. I’m currently trading with coinexx and lqdfx, both have low spreads and commission ($2/rt and $7/rt respectively).
SteveFx11
Sep 17 at 18:15
95 posts
If the market moves to the wrong direction, then it’s not your fault because if such a situation happens, you have to apprehend that there is a downturn in world economy. You have to be careful if something like happens in the market. And stay patient.
HeavenLeighGill (HeavLeighGill26)
Sep 22 at 00:16
328 posts
Marcolis posted:

If you run a survey over the problems that forex traders are suffering from, most ones will come out regarding scam broker issues.

I've seen so many scam reports lately. The bad thing is that these scams can be avoided, but most people just don't take the time to do the research to figure out what is and isn't trustworthy. Too many are eager to fall for those too good to be true promises and wind up losing thousands.
Zenith58
Sep 22 at 06:33
5 posts
HeavLeighGill26 posted:
Marcolis posted:

If you run a survey over the problems that forex traders are suffering from, most ones will come out regarding scam broker issues.

I've seen so many scam reports lately. The bad thing is that these scams can be avoided, but most people just don't take the time to do the research to figure out what is and isn't trustworthy. Too many are eager to fall for those too good to be true promises and wind up losing thousands.


So true for all of fx trading. sadly most people want to get rich quick with little effort and it is these people that fall for the scams. Nothing comes easy
blixtpiece
Sep 22 at 10:13
40 posts
The requirements of a broker are different for beginners and experienced traders. But, one thing remains the same, trust and reliability. Every trader wants to choose a broker that they can trust. It’s not hard to find such a broker, thanks to various credible sources available online these days.
HeavenLeighGill (HeavLeighGill26)
Sep 22 at 16:19
328 posts


If you run a survey over the problems that forex traders are suffering from, most ones will come out regarding scam broker issues.
I've seen so many scam reports lately. The bad thing is that these scams can be avoided, but most people just don't take the time to do the research to figure out what is and isn't trustworthy. Too many are eager to fall for those too good to be true promises and wind up losing thousands.
So true for all of fx trading. sadly most people want to get rich quick with little effort and it is these people that fall for the scams. Nothing comes easy
& many of the scammers offer promises that are way too good to be true! People want to believe they've found a solution to their financial problems so badly that they funnel thousands into these scams. I read one report where he lost his apartment because of it and sold everything he owned for a girl from China that was supposed to make him rich. It's heartbreaking, but people also really need to think about these things because a lot of them are obvious.
Iconoplast
Sep 23 at 10:29
21 posts
One should choose a broker that aligns with their trading needs. In my case, I was looking for a broker that offers good conditions for scalping, so I picked fxview - tight spreads, plus leverage is also good. The best part is that they are regulated, which ensures safety of funds.
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