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How to choose a regulated forex broker?
May 18, 2020 at 14:04
Really helpful information for those who are beginners in this type of trading. I think that some of them need all the information they can get. I just remember myself at the start of this new way of making money. I had no idea how it would turn out, but I was sure that I have to risk it. People who like to risk, usually win something, isn’t that right? So over the years (three, to be more precise) I picked the best forex trading platforms from here https://thinkmobiles.com/blog/best-forex-trading-platforms/ and the most reliable forex brokers. Now I can safely trade (I usually offer than purchase) and I don’t have to worry about other details that might be a problem for others.
May 21, 2020 at 16:03
I think that in this choice it makes sense to look at the feedback, because you will be able to learn from existing clients what is listed on the website of the brokerage company, but also to make sure whether it is true and whether there may be some unexpected surprise.
May 22, 2020 at 00:29
Right forex broker plays an important role in getting benefits from forex deal. Therefore it is very important that you choose your forex broker very carefully to get the maximum advantages from the forex market. verifies the qualification, quality and rating of broker. On the basis these factors you can judge the quality of services of a forex broker. You can take the help of various forex magazines and website in getting information about rating of a forex broker.
Membro Desde Mar 03, 2020
2 posts
May 25, 2020 at 12:11
There is no need to be afraid of risk, however it may be, you will still take risks. The Council. check your broker well.
Membro Desde Jan 06, 2020
69 posts
May 25, 2020 at 21:15
Check brokers reviews and chose from there
Market Direction
May 28, 2020 at 15:41
As far as I understand, the company is obliged to provide license numbers with reference to the regulators. it can be easily checked in just a few minutes on specialized sites. If everything is OK, you can work, if not - you should look at the company more seriously, there may be problems.
Membro Desde Jan 11, 2019
140 posts
May 29, 2020 at 08:37
Choosing a right broker is very important in forex market as it is a decentralised market. While choosing a broker, we must check the broker is A book or B book.So, I personally think one should STP brokers. After checking the broker type, the most important thing to be checked is the Spreads broker is providing along with the commission charged on the trades. We should look for a broker who provides raw spreads along with ULTRA LOW commission as it is the rare combination available and are the best kind of brokers.
Membro Desde Jan 06, 2020
69 posts
May 29, 2020 at 21:06
Check here for broker review
Market Direction
Membro Desde Aug 27, 2017
875 posts
Jun 02, 2020 at 17:51
you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
keeping patience.......
Jun 03, 2020 at 12:34
For brokers, I seek three things: regulations, trading conditions and pricing. I don't see any point to trade with brokers if these three things does not meet.
I have opened some accounts over years and have split the funds to few brokers, not to mention I'm still very open to competitive broker be it old or new. Currently my main accounts in order including pepperstone, hotforex, IG, fxview. It's possible to find good broker for yourself if you're good in online research, and try to avoid following popular suggestion, my piece of advice.
I have opened some accounts over years and have split the funds to few brokers, not to mention I'm still very open to competitive broker be it old or new. Currently my main accounts in order including pepperstone, hotforex, IG, fxview. It's possible to find good broker for yourself if you're good in online research, and try to avoid following popular suggestion, my piece of advice.
Jun 03, 2020 at 14:34
when choosing a broker first of all we the traders have to make sure the lowest trading spreads, because the trading spreads can affect the result of our trading with certainly and from all trading instruments spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.
Membro Desde Jun 03, 2020
15 posts
Jun 18, 2020 at 13:06
Having a reliable expert advisor will be highly knowledgeable and would help you make the right decision, considering the current situation and the future aspects.
Membro Desde Feb 11, 2020
11 posts
Jun 18, 2020 at 13:38
If the broker is regulated, you will see all the documents with all the confirmations, etc., which can be checked through official sources. And you just need to be more careful about what you use and how
Jun 19, 2020 at 12:58
In Forex trading first of all we the traders have to make sure a reliable support from a credible trading broker , because the trading 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; the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
Membro Desde Jun 09, 2020
14 posts
Jun 26, 2020 at 12:11
Anyone who is into forex trading would someday require the support of a forex broker. But that’s not the issue, the issue is finding a good regulated broker. It took me some time till I got along with Turnkey Forex, XTB and Fidelity and these brokers proved to be my best decision. I found these brokers to be highly secure with suitable brokerage. Not only this, I never had to deal with any trouble or waiting time for the deposit or withdrawal.
Membro Desde Jul 20, 2019
338 posts
Jun 29, 2020 at 15:23
Always have a look on the broker's regulation, and do your research first. If a broker has more than 2 reliable regulations then it might be a good one. But always do your research first; don't believe what is written on any broker's webpage. Do your research with their company names and license numbers first.
Good brokers have an ASIC (for Australia), CySec (for Europe), NFA (for USA), ICB (for Ireland), BaFin (for Germany), FinMa (for Switzerland), IFSC (for offshore), FCA (for UK) regulation. I'd not trust any other brokers/"regulations" out there (there might still be some other good local ones, but I don't need them, that's why I don't look after such brokers with other regulations, most of them are still suspicious).
I even don't care about spreads, commissions and stuff, as long as they are not too high, as long as my TP's are hit and as long as my deposits and withdrawals are all fine.
Good brokers have an ASIC (for Australia), CySec (for Europe), NFA (for USA), ICB (for Ireland), BaFin (for Germany), FinMa (for Switzerland), IFSC (for offshore), FCA (for UK) regulation. I'd not trust any other brokers/"regulations" out there (there might still be some other good local ones, but I don't need them, that's why I don't look after such brokers with other regulations, most of them are still suspicious).
I even don't care about spreads, commissions and stuff, as long as they are not too high, as long as my TP's are hit and as long as my deposits and withdrawals are all fine.
patience is the key
