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How can we find a reliable platform?

Oct 03, 2018 at 11:54
3,109 Views
53 Replies
Member Since Dec 26, 2018   34 posts
Mar 12, 2020 at 16:34
Honestly, I think the only way to be sure of a broker's quality is in person. Because you can find both positive and negative information about the same company. And you can be both a happy user and a dissatisfied one. This is the reason why I never give specific recommendations on the choice of broker, because what suits me may not suit you.
Member Since Jan 05, 2020   16 posts
Mar 12, 2020 at 17:50
I think that feedback from those who have already worked with this broker can be very helpful in this case, plus you can find the most interesting services that the broker provides and it will definitely help you to decide.
Member Since Nov 08, 2019   21 posts
Mar 12, 2020 at 18:05
In my opinion, a broker should cope with two functions - to provide normal operation of the terminal and to withdraw money of its clients without problems. If the company copes with it - then everything is just fine, and if not - then draw conclusions yourself....
Member Since Jul 19, 2020   318 posts
Oct 18, 2020 at 20:31
A broker is the most important element for trading in the forex market. You can choose a reliable and regulated broker by researching the market properly. You can visit those websites that provide broker reviews on their sites.
Member Since Jun 09, 2020   36 posts
Oct 29, 2020 at 11:25
I think online reviews are a big give away. And so are the testimonials of existing users. Found recommendations of using Fxview, Pepperstoner and AvaTrade on babypips (again a reliable source of getting right suggestions) and created demo accounts of all 3. Found FXview more compatible to my needs and have been trading with them since about a year now. So I believe social trading sites and communities are good resources for validation and recommendations.
Member Since Jul 20, 2020   298 posts
Oct 30, 2020 at 01:16
Brokers are a very important factor in Forex trading. If choosing a broker is not right, the chances of loss increase. I suggest trading under a regulated broker. And it is better to trade at a broker where the spread is low.
Member Since Oct 30, 2020   21 posts
Oct 30, 2020 at 07:13
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Member Since Jun 05, 2020   33 posts
Nov 04, 2020 at 11:13
Choosing a reliable broker is not an easy task for sure.
Going through regulations, testing demo conditions, support, transfers, all this requires good time and effort. I remember when I was in search of a broker, all this was quite tiring, but got my hands on fxview and things worked out well in the end for me. They gave me pretty nice trading conditions. I would say, whichever broker you want to choose, give it a good research, know it all and then open your account.
Member Since Jul 19, 2020   318 posts
Nov 04, 2020 at 16:48
You can find the reliable broker by researching the market properly. You can visit those websites which provide broker reviews on their sites.
Member Since Oct 14, 2020   25 posts
Nov 18, 2020 at 06:23
Make sure you compare the services of different brokers before actually selecting one that is good for you.
Member Since Apr 15, 2020   219 posts
Nov 19, 2020 at 08:13
candicesummer posted:
When choosing a FOREX broker, you should always consider security, support, fees and regulations before you decide.
So in order to find a regulated forex broker with a great reputation, consider these things:
Where are the broker regulated
FCA
FSA
CySEC
FINRA
CFTC
ASIC
How many years have they been in business?
Have they survived bear markets, and big client losses?
How much do they have in deposit guarantee?
Are they holding you account deposit in a segregated bank?
What support opportunities do they offer?

When you have answered these first questions, you can begin to compare spreads, fees, inactivity fees, charting software and anything else that might also be important for you as a trader.
When you compare the best and regulated forex brokers you should consider:
Spreads
Trading fees
Inactivity fees
Account fees
Charting software

While choosing a Forex broker, you should always consider whether it’s regulated or not, then check their support and fees. Do check whether they are market makers or ECN brokers. Then check Commission charged, Spreads and Inactivity fees
The more your practice, the more you learn.
Member Since Nov 03, 2020   65 posts
Nov 20, 2020 at 09:32
Read the reviews, adhere to those basic criteria that exist, and of course, just quote it by making a minimum deposit
Member Since Nov 03, 2020   65 posts
Dec 21, 2020 at 10:24
There are generally accepted recommendations on how to choose a platform and what to look for, focus on them, and, of course, compare the conditions that are offered.
Member Since Aug 07, 2020   75 posts
Jan 05, 2021 at 15:17
A reliable platform, having a fairly good year of its reputation, and, of course, conditions for users.
Member Since Jun 15, 2020   59 posts
Jan 06, 2021 at 06:06
There is another way which I use for looking at brokers, which is to use them. I use their demos, got nothing to lose.
Member Since Oct 01, 2020   37 posts
Jan 07, 2021 at 04:15
I look for the fees and being a scalper, it is the one of the few things I want in a platform. I go with low cost brokers.
Member Since Nov 16, 2020   55 posts
Feb 10, 2021 at 10:38
This is how I chose the Amarkets broker. I made a deposit of $ 100, the minimum tested it, tried to trade the withdrawal of funds, sang, everything suited me, so I work with him.
Member Since Jan 03, 2019   10 posts
Feb 10, 2021 at 10:48
IC are what most pro traders use. Solid broker with good spreads etc and regulated in australia
Member Since Dec 11, 2020   110 posts
Feb 18, 2021 at 09:01
Regulations and licences are the first thing to check out. Cross check on the website to see if they are really regulated or not.
Member Since May 24, 2020   112 posts
Feb 22, 2021 at 14:25
Platforms that have been on the market for a long time, and I have more confidence than everyone else, because they held out if there was something wrong.
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