How can we find a reliable platform?
candicesummer
Členem od Sep 21, 2018
1 zpráv(a,y)
Oct 03 2018 at 11:54
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
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
estraub
Členem od Oct 09, 2017
23 zpráv(a,y)
Oct 04 2018 at 07:44
And also what kind of order execution (DD/NDD/DMA/STP/ECN) is the broker using.
Vivianng
Členem od Aug 22, 2018
10 zpráv(a,y)
Oct 05 2018 at 06:59
frank
(crabby12)
Členem od Oct 11, 2018
9 zpráv(a,y)
Oct 15 2018 at 06:04
Vivianng posted:
@estraub What's the difference between that? I know STP and ECN, what about the rest?
Certain brokers work as Market Makers and have fixed spreads, others provide STP or ECN accounts with direct market access and offer much more underlying assets for trading. This website https://fx-list.com/ should help you find the most suitable Forex Broker to meet your needs and requirements. There are several sections and filters on the left menu, use them to form a list of entities with appropriate parameters and characteristics. If you find a broker you used or continue to work with, please share some experience and leave a review about it. That would be helpful for all traders out there.
Vivianng
Členem od Aug 22, 2018
10 zpráv(a,y)
Oct 15 2018 at 07:23
crabby12 posted:Vivianng posted:
@estraub What's the difference between that? I know STP and ECN, what about the rest?
Certain brokers work as Market Makers and have fixed spreads, others provide STP or ECN accounts with direct market access and offer much more underlying assets for trading. This website https://fx-list.com/ should help you find the most suitable Forex Broker to meet your needs and requirements. There are several sections and filters on the left menu, use them to form a list of entities with appropriate parameters and characteristics. If you find a broker you used or continue to work with, please share some experience and leave a review about it. That would be helpful for all traders out there.
Now I know DD= Dealing Desk, NDD = Non Dealing Desk, DMA= Direct Market Access!
Anyway, thank you Frank!
Tiffany
(TiffanyK)
Členem od Feb 12, 2016
427 zpráv(a,y)
Oct 17 2018 at 12:47
That is a good list candicesummer I believe it should be combined with the topic Best Broker for a Newbie
Accept the loss as experience
AkbarM
Členem od Oct 23, 2018
9 zpráv(a,y)
Oct 23 2018 at 13:35
many trader worry too much about broker. Just pick one of the big ones that is regulated. spend the time you save worrying about how to actually trade!!!!!!
estraub
Členem od Oct 09, 2017
23 zpráv(a,y)
Oct 25 2018 at 06:07
TiffanyK posted:
That is a good list candicesummer I believe it should be combined with the topic Best Broker for a Newbie
No such thing as a best for all broker... What's good for you may not be good for me and vice versa.
So, no. However, this list is a good place to start when looking for a reliable broker. From then on it's all about that broker having the best conditions for your trading style and needs.
yellowman94
Členem od Oct 09, 2018
41 zpráv(a,y)
Oct 25 2018 at 12:19
estraub posted:TiffanyK posted:
That is a good list candicesummer I believe it should be combined with the topic Best Broker for a Newbie
No such thing as a best for all broker... What's good for you may not be good for me and vice versa.
So, no. However, this list is a good place to start when looking for a reliable broker. From then on it's all about that broker having the best conditions for your trading style and needs.
couldn't agree more. everyone has different preferences and requirement. all the brokers in the market are working to stay and make profit. so, what suits one , may not suit the other.