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Choosing a new broker

Tradelist45
Sep 19 at 07:23
144 Posts
the traders we have should choose the broker which always ensure security of funds with a wide range of trading technologies.

Suradi (FXOday)
Sep 19 at 23:23
139 Posts
I already choose the FXOpen broker and I don't think will look for another broker at present time, so far I have good experience with this broker and this is a trusted company in my experience, already more than eight years using service, and most important this company has regulated.

Unellene
Sep 21 at 12:07
283 Posts
the main thing is not to fall into the hands of noun-name brokers, since among them you can easily find a fraudster, I have been working with Amarkets for a long time, he suits me in all respects, the supports are especially pleased, so choose a broker only that has been on the market for a long time

RobertFerrari
Sep 21 at 19:06
118 Posts
Tradelist45 posted:
the traders we have should choose the broker which always ensure security of funds with a wide range of trading technologies.

Yes. Every trader should pick a regulated broker.

ddarko3
Sep 23 at 07:03
59 Posts
FredJones posted:
I'm a newbie with no experience on how to find a reliable and suitable broker. Any suggestions on what type of broker I should use and how to identify if it's reliable?

First thing which is an absolute is to check whether that broker is regulated or not. If they are regulated, you are good to go. You can also open the account and try out demo trading to see whether the trading conditions fit your needs for trading. I am giving my personal opinion, I had my account opened with fxview, they are all set with the regulations. Tried out their demo trading and noticed that the spreads are good, so I decided to go live and everything went smoothly for me. And to this day, I am still trading with them. Hopefully, you will be able to find the right broker as well. Best of luck to you.

Anayadora
Sep 30 at 18:50
13 Posts
Traders usualy look forward to switching their brokers because of several reasons: current broker is a scam, commissions/spreads are very high, so that a trader gives the major part of their profits to the broker, a trader doesn't like tradig platform which is used by the broker, payment methods are not satisfactory enough, diversity of financial instruments leaves much to be desired.

UweMoench
Oct 05 at 15:37
589 Posts
For new trader choosing a broker is a difficult task. To start with one should first see the broker regulation and license. If the broker is regulated by good authorities, you can go for it.

AliForexTalks
Oct 09 at 19:07
47 Posts
Step 1: Ask about the commission split.
Step 2: Evaluate the brokerage culture.
Step 3: Decide between a franchise or independent brokerage.
Step 4: Learn its reputation and niche.
Step 5: Make sure it will offer support.

Unellene
Oct 12 at 13:20
283 Posts
with new brokers on the market, you need to be very careful, you can easily fall into the hands of scammers, which means that you will lose money in vain

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