I have several criteria for assessing a broker: As for me the most important thing in a broker is responsiveness to their clients; Regulation of course; The contest/bonus system; What commissions they charge; And how quickly they withdraw funds.
it is main for me. This is what I first of all pay attention to.
Groundfinance posted: Regulation only matters if it actually has any power. Small tax-havens and island countries have regulators, but if you get scammed you actually are never going to see your money again.
I use Hugosway, they are not regulated but I am very happy with them.
The trading spreads is a big deal when choosing a broker, despite of good trading knowledge that’s not possible at all to lead a successful trading life if you don’t have a comfortable trading spreads. now I am looking for lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.
Choosing the right broker can be a very difficult task. I’ve been in that stage myself. After reading the reviews online I tried out coinexx. Really liked them, easy and quick transactions and best of all low spreads. You can try reading online reviews to different brokers and try their demo accounts to see who stands up for your trading standards.
Nice broker can be only personally adviced. When I looked for a broker I didn't read any reviews, I just asked my friends and collegues who known in forex. They help me to choose the broker and I use it.
Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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