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friedjohan
Apr 25 2022 at 08:10
19 Posts
I think these should be the points that newbies should consider when selecting a broker

Regulation
Data security
Trading costs and trading platforms
Trade execution speed
Quality of customer service
gookerjohnson
Apr 25 2022 at 08:11
19 Posts
Hey, I’ve just started trading, can someone suggest to me a low-cost broker that has tight spreads and offers a swap-free account?
Harshelgibbs
Apr 26 2022 at 07:08
18 Posts
I’ve heard that brokers can manipulate the prices of currency pairs, so I would only go for a broker that offers transparent pricing.
CocoChannel
Apr 26 2022 at 11:10
57 Posts
gookerjohnson posted:
Hey, I’ve just started trading, can someone suggest to me a low-cost broker that has tight spreads and offers a swap-free account?
As per my experience, fxview spreads are quite low, ranges between 0.1- 0.2 pips and also offers Islamic accounts - swap free.
RobertFerrari
Apr 27 2022 at 04:50
415 Posts
Broker plays the role as an intermediary and so, always try to select a regulated trading broker. Regulation gets the most priority than leverage and other related facts. An unregulated broker is a curse to a trader’s life. A regulated broker always customer-focused and ensures the best facilities.
LabuyaChicay
Apr 27 2022 at 06:58
119 Posts
A trader should go for such a broker that offers low spread, high security and high leverage. A certified broker allows new investors with handsome amount of welcome bonus. In all ways, a scam broker is harmful for a trader so traders should be careful about this.
Mitchelsmith
May 05 2022 at 10:24
21 Posts
In the modern world, an internet presence is very important when you are choosing a broker to trade with. Instead of going by what your broker tells you about their services, you must check what their previous customers have to tell about them.
mortanlais
May 05 2022 at 10:26
21 Posts
The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.
Bigmouth
May 05 2022 at 12:10
25 Posts
Pepperstone, icm, fxview and fxtm are some good broker options with low trading cost plus they offer swap-free accounts as well.
Justin990
May 10 2022 at 08:07
31 Posts
I trade with an ASIC registered broker known as FP Markets. They provide some of the best trading conditions with a commission cost of $6 per turn lot which is lower when compared to most ECN brokers.
Imamul
May 17 2022 at 10:13
756 Posts
have you checked their review from FPA ?
CraigMcG2020
May 17 2022 at 16:09
399 Posts
mortanlais posted:
The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.

This is a key factor for me too as the markets are open all day and night during the week it's key to have customer support that matches that
Williamfreed
May 18 2022 at 00:29
176 Posts
You must choose a regulated broker with a good reputation in the field of forex.
ZhuKenny
May 18 2022 at 01:53
2 Posts
For me, I trade with an ASIC registered broker known as MogaFx. They provide a variety of item to trade and provide trader with some apps to analyze the chart.
billysnyder
Jun 14 2022 at 11:17
111 Posts
I considered 4 factors, low minimum requirements, tight spreads, low commissions and timely withdrawals to choose my broker. Currently trading with lmfx, turnkey forex and trader's way, going good so far.
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