My choice is pretty simple and I am sure most of the traders will agree with me. If a broker is simply regulated, has better support who responds you timely and offer decent conditions then you can think of choosing them after researching about them thoroughly. However, with all these facilities also, one’s experience may differ but to my experience, I have been trading with fxview all this while and they fulfill my trading needs perfectly.
In this market place from all important deals brokers choosing a is more important, because the broker can affect the result of our trading with certainly , we the traders should choose the broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.
Mohammadi posted: In this market place from all important deals brokers choosing a is more important, because the broker can affect the result of our trading with certainly , we the traders should choose the broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.
I also believe in trading with those brokers who provide good trading conditions and that’s why I trade with pure ECN broker Fx view.
In my opinion you first need to know the amount of money you will put in, if you deposit 500€ u should not go with a 1:30 leverage broker because the margin will be very high and at most u can open 2 or 3 trades with the lot 0.01, if instead if your deposit is very high you can select a safe and regulated broker, however i'm not telling you that only low leverage broker are safe, there also high leverage (1:500) broker very safe, in conclusion i will summarise the concept:
Deposit > 10.000 High trusted broker (They always have 1:30 as leverage) example: Admiral Markets ecc...
Deposit< 10.000 Trusted and regulated broker with high leverage (1:200 - 1:500 - 1:1000) example: Roboforex that offer a large selection of leverage or Alpari ecc...
The broker that i mentioned are only example of broker that i trust, if you choose them i advise you to go and read some review so, you can understand if they are what you are looking for.
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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Past performance is not indicative of future results.