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 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.
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
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.
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.
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 This bonus is not allowed to be withdrawn but it allows you to trade with a larger account in addition to the original deposit.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/
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
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.
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