A good broker is a broker which constantly guarantees their clients deposit with a broad assortment of trading advancements. Moreover, any kind of good broker does not limit any sorts of trading methodologies with scalping and supporting. They for the most part ensures best trading condition for using any trading frameworks by giving low trading spreads.
Yes a good broker is an integral part of trading. We need to choose a regulated and licensed broker. We also need check their services, spreads, leverage and deposit and withdrawal options. Trading execution is also very important.
Yes, that’s true. A good broker won’t ever restrict you from applying various trading techniques with scalping, supporting, etc. I also prefer the kind of brokers that offer easy to use trading platforms and fast cash withdrawals without causing any hassle to the traders. That’s the reason why I use TD Ameritrade, Fidelity, and FxView most times and I am decently satisfied with the returns I am making with them. I have made the most profits with FxView. Thanks to their tight spreads and low commissions.
I recommend FP Markets to start live trading and its regulated by ASIC, I currently trade with thier Raw Spreads (ECN account).Most importantly their Trading conditions are the best compared to other similar ECN brokers , their spreads start as low as 0.0pips and the commission is lower as well (3$ per lot)
Fidelity is no slouch for both mutual funds and brokerage. Only they are missing on platform management. Being a user, only issue I faced was the multiple switching on different platforms for using the tools. Though the quotes stream on active trader pro. What’s with Fxview and TD Ameritrade? Want to open another account besides Fidelity and IG.
If you want to lead a secure and comfortable trading life with certainly you have to make sure the broker which is more appropriate to the concept of trading that will be used , if you depend on scalping approach should choose the broker that allows trading concept such as this.
Fxview: low commissions, faster withdrawals, multiple regulations, better customer support, ActTrader support TD Ameritrade: much better for stock investments, no account minimums, large investment selection, good customer support
Only found TD Ameritrade expensive for broker assisted trades.
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.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.