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How can we find a reliable platform?

Bennie Riley (bennieriley)
Oct 29 2020 at 11:25
36 posts
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.

Oct 30 2020 at 01:16
298 posts
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.

Oct 30 2020 at 07:13
21 posts
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Nov 04 2020 at 11:13
33 posts
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.

Nov 04 2020 at 16:48
318 posts
You can find the reliable broker by researching the market properly. You can visit those websites which provide broker reviews on their sites.

Nov 10 2020 at 10:52
28 posts
Without a reliable broker, the forex trading journey is as useless as your car without wheels. Do thorough research while choosing a broker for you.

Nov 18 2020 at 06:23
25 posts
Make sure you compare the services of different brokers before actually selecting one that is good for you.

Elena Triston (ele020)
Nov 19 2020 at 08:13
219 posts
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
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:
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.
Nov 20 2020 at 06:17
38 posts
You can look for recommendations from acquaintances and create your demo account to see which broker suits your requirements the best.

Nov 20 2020 at 09:32
65 posts
Read the reviews, adhere to those basic criteria that exist, and of course, just quote it by making a minimum deposit

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