manirex posted: Find good broker is very tough job, i have tried two broker but I got dissatisfaction from both side and looking for new broker
You are not alone mate, we all have encountered one such broker who has almost made us believe in leaving forex lol but not all are the same. I finally settled with fxview after a heck load of testing, for they offer a good set of conditions for scalping. Similarly keep trying.
LeviSievwright5 posted: Choosing a reliable broker is very important. You can choose a good broker by searching online.
Nowadays finding a reliable trading broker is really tough. But, in order to make your trading more ease, you should start with a reliable trading broker. I know Eurotrader is a regulated trading broker as it offers high security of funding. They allow traders with numerous trading accounts. Eurotrader is a reliable trading broker with offering high security of funding.
Yes, choosing the correct broker is the most important thing to be successful in forex.
I have seen some good brokers for last 10 to 12 years in the field of forex surviving till now. Brokers like IC Markets, Pepperstone, Axitrader, FxChoice, Hotforex, Instaforex seems to be here in forex for many years for now. But I was not active with any of these brokers recently and so I can't say their conditions for now. Each trader needs to carefully analyze each broker before making any large deposits.
Also, it is always better to avoid new brokers irrespective of how lucrative their offers or bonuses are. Many times new brokers just run Ponzi scheme type of performance using PAMM/MAM accounts to attract investors and then, both the PAMM/MAM provider and broker vanishes after they accumulate sufficient investment funds. So check their track records and regulations etc before making deposits.
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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