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Choosing a new broker

perryjohn765 (perryjohn765)
Oct 19 2020 at 04:27
216 Posts
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.

UweMoench
Oct 19 2020 at 06:22
482 Posts
First your broker needs to be regulated and licensed. Instant execution of trades is very important as well. If your broker requotes a lot you need to switch it. Also you should looks spreads and deposit and withdrawal facilities.

perryjohn765 (perryjohn765)
Oct 20 2020 at 02:18
216 Posts
UweMoench posted:
First your broker needs to be regulated and licensed. Instant execution of trades is very important as well. If your broker requotes a lot you need to switch it. Also you should looks spreads and deposit and withdrawal facilities.
do you believe unregulated brokers are not a good choice?

EbonyJones
Oct 27 2020 at 10:03
232 Posts
A broker is the most important thing in forex market,. many traders lost their money because of choosing the wrong broker. So, you have to choose the best broker from the market to survive in this market.

Michihito
Oct 27 2020 at 12:12
298 Posts
Choosing the right broker is very important. The first thing we should consider is broker's regulation. For the security of our funds we need a regulated and licensed broker. Then we should look for the services we are looking for.

davidkew
Oct 28 2020 at 10:29
34 Posts
For me it's always to do with withdrawals. Wherever that seems to get tacky, I prefer to switch. Currently using Ameritrade and Fxview. So far so good!

ElliotCooke
Oct 28 2020 at 15:32
341 Posts
A broker is the most important thing in the forex market. Many traders lose their money because of choosing the wrong broker.

AliaDare
Oct 29 2020 at 00:46
527 Posts
If you want to choose a broker in trading, you must first see if the broker is regulated and licensed. Then how are the broker's spread and deposit/withdrawal method? If the broker can run all these things in the right way, then it is possible to trade under that broker.

perryjohn765 (perryjohn765)
Oct 29 2020 at 03:23
216 Posts
EbonyJones posted:
A broker is the most important thing in forex market,. many traders lost their money because of choosing the wrong broker. So, you have to choose the best broker from the market to survive in this market.
thats true..what all do you see while you choose a broker for yourself?

GeorgeBischof
Oct 29 2020 at 10:54
318 Posts
If you want to start the trading you need to choose a good and regulated broker from the market. There are so many fake brokers in the market. So, you have to be very careful about choosing the broker for you.

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