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How to choose a regulated forex broker?

Alexsajed
May 23 2019 at 04:28
32 příspěvků
6 Crucial Things to Consider When Choosing a Forex Broker
Security. The first and foremost characteristic that a good broker must have is a high level of security. ...
Transaction Costs. No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs. ...
Deposit and Withdrawal. ...
Trading Platform. ...
Execution. ...
Customer Service.

Baileyhart
May 26 2019 at 06:38
10 příspěvků
Forex brokers are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade.

AniLorak
May 27 2019 at 15:19
920 příspěvků
I don’t know why you elaborated only your 1st point? Why not others 5 points? Interested to know….

Vozil559
Jun 25 2019 at 08:05
21 příspěvků
Not sure what you mean here, but by very usual ways here anyway. Some of them are already listed. But you also can visit some sites like Forex Factory and Forex Peace Army to see some reviews about them really and what do they think about that broker or other.

lavis_book
Jul 22 2019 at 05:34
38 příspěvků
Before starting to trade with a forex broker, be sure to check with all the account details of the same. The amount of leverage and margin that they offer, the commission they charge, etc. Be very careful about the spread of the broker, because they often engage into widening the spreads to increase their own earnings. Your choice of broker can also depend upon your budget as every broker comes with an initial deposit requirement.

Also, screen the forex brokers on the basis of their currency pairs, trading platforms, ease of deposit and withdrawal, etc. Most important choose a broker that provides good customer service. A broker who does not handle the customer’s queries well is not worth trading with

AniLorak
Jul 22 2019 at 09:00
920 příspěvků
lavis_book posted:
Before starting to trade with a forex broker, be sure to check with all the account details of the same. The amount of leverage and margin that they offer, the commission they charge, etc. Be very careful about the spread of the broker, because they often engage into widening the spreads to increase their own earnings. Your choice of broker can also depend upon your budget as every broker comes with an initial deposit requirement.

Also, screen the forex brokers on the basis of their currency pairs, trading platforms, ease of deposit and withdrawal, etc. Most important choose a broker that provides good customer service. A broker who does not handle the customer’s queries well is not worth trading with


Nice to see your efforts! You described very smartly! That’s the proper way of selecting a Forex broker!

jamesgwyther
Jul 22 2019 at 10:24
289 příspěvků
Alexsajed posted:
6 Crucial Things to Consider When Choosing a Forex Broker
Security. The first and foremost characteristic that a good broker must have is a high level of security. ...
Transaction Costs. No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs. ...
Deposit and Withdrawal. ...
Trading Platform. ...
Execution. ...
Customer Service.


speed and ease of use of the platform?

Mulberry
Jul 22 2019 at 12:58
11 příspěvků
My top 6 are:
Regulation
Regulation
Regulation
Regulation
Regulation
Spreads

Aqissiaq
Jul 23 2019 at 09:07
11 příspěvků
Mulberry posted:
My top 6 are:
Regulation
Regulation
Regulation
Regulation
Regulation
Spreads


Could not agree more

Adribaasmet
Jul 23 2019 at 13:41
951 příspěvků
Mulberry posted:
My top 6 are:
Regulation
Regulation
Regulation
Regulation
Regulation
Spreads


Best reply! Without regulation status, there is no value on trading features!

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