How to choose a regulated forex broker?
Member Since Aug 27, 2017
994 posts
Nov 19, 2018 at 11:02
Dostiev posted:
First step in choosing a good broker is looking at the 'Broker Spreads' section of myfxbook. Check our the top 10 with lowest spreads and find the ones that have decent regulation.
It’s a good idea! But we should aware of others technical issue as well before investing our own capital.
Dec 23, 2018 at 07:59
Mohammadi posted:
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.
Maybe, it’s their business model (even many brokers don’t accept retail amount) but ensuring the capital security is the key point. On the other hand, quick withdrawal service is also an important issue.
Dec 24, 2018 at 07:31
joha51 posted:
it's good to choose with FCA compliance
Yes it is! But the issue is; a number of new traders don’t know the criteria of choosing a Forex broker. They are mainly focusing on big bonus & leverage feature instead of real things.
Mar 06, 2019 at 19:49
In Fx trading, Choosing a right broker is very difficult task, because there are almost thousands broker in online retail Fx market and most of them are found to be scams. Regulated trading broker can be a great choice which for all time makes sure security of funds at any deposits with a wide range of trading technologies.
Member Since Feb 16, 2019
30 posts
Mar 10, 2019 at 08:00
Interesting to read other peoples opinions on this
Member Since Mar 14, 2019
11 posts
Mar 15, 2019 at 08:10
Treeny posted:
I generally do a lot of searches on Facebook and Google and come to my own opinions. Regulation is good but if you want a good leverage sometimes you have look elsewhere..
Most regulated broker at best 1:50 now days. That is too low to make any serious money. Not worth the effort. Unregulated is risky but if you keep account size small and regularly withdraw then it should be ok. Some still offer 1:1000 leverage
Mar 16, 2019 at 09:40
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Mar 19, 2019 at 15:02
Mohammadi posted:
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Yes, trading spread is one of the most important trading feature to the traders! By the way, for me fair market movement is the main consideration.
Mar 26, 2019 at 06:48
Augusto84 posted:What’s the condition on FPA review site of this broker? I checked but didn’t find the name.
Try and Aussie broker. They are regulated and offer high leverage. Hugos's way sounds a bit dodgy to me. Better to use a big name broker if you can
Member Since Mar 14, 2019
11 posts
Mar 27, 2019 at 11:47
I have used Forex.com ,I thought they were perfectly fine. Spreads a little high sometimes but other than that they were a standard broker. I did not have any problems
