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Choosing the Right Broker

Jan 13, 2016 at 11:26
Vistas 7,176
285 Replies
Miembro desde Dec 05, 2020   posts 81
Dec 08, 2020 at 07:18 (editado Dec 08, 2020 at 07:18)
Justin990 posted:
In my trading experience as a scalper, I would say FP Markets is the right choice of a broker because of the spreads they offered is some of the lowest and it has a faster execution speed when compared to my previous brokers like XM and IC Markets.

Since how long have you been using them now?
Miembro desde Aug 26, 2020   posts 78
Dec 08, 2020 at 07:41
I am very careful when choosing a broker and made a choice in favor of a market because they provide a spread of 0.2 pips and a trading leverage of 1: 1000
Robert (Robert647373)
Miembro desde Feb 25, 2020   posts 95
Dec 08, 2020 at 08:27
The choice of a broker must be taken very seriously. And check your broker yourself. It often happens that people, without understanding, choose a broker that does not suit them. Or, just after reading negative reviews, some people pass by a suitable broker. So figure it out, find out. And you will find what you need.
lovefortrading (perryjohn765)
Miembro desde Sep 12, 2017   posts 238
Dec 08, 2020 at 08:30
it is one of the tuffest job to search for the right brOKER. Other than the regulation we need to see the broker that actually fulfils the basic requirements like spreads, commission and features like scalping hedging. So i believe it is not always right to go by the names but also check it yourself by trying the demo.
Johannes (Johannes33865)
Miembro desde Feb 11, 2020   posts 18
Dec 08, 2020 at 11:41
Choosing the right broker is very important.
Miembro desde Aug 14, 2020   posts 40
Dec 08, 2020 at 12:28
Mauk posted:
I am very careful when choosing a broker and made a choice in favor of a market because they provide a spread of 0.2 pips and a trading leverage of 1: 1000
woah! ain't 1000x too high? i mean, i got around 0.2 pips with fxview or ICM, but 1000x? your broker regulated? don't you feel unsafe with such high leverage?
Miembro desde Aug 20, 2020   posts 27
Dec 18, 2020 at 14:04
'Does anyone trade with an ECN pricing broker that offers lower spreads and fast execution?

I was a previous trader with pepperstone, at First the spreads and execution were good, but after some time the spreads were not consistent, and execution speed was not the same.'
Miembro desde Nov 02, 2020   posts 34
Dec 23, 2020 at 10:57
NathanJr posted:
'Does anyone trade with an ECN pricing broker that offers lower spreads and fast execution?

I was a previous trader with pepperstone, at First the spreads and execution were good, but after some time the spreads were not consistent, and execution speed was not the same.'
I trade with fxview and they are good, both spreads and execution wise.
Miembro desde Jan 11, 2019   posts 147
Dec 23, 2020 at 12:05
the broker with regulation, good leverage is the correct broker for you, do check the spreads and execution on the demo first.
Miembro desde Oct 30, 2020   posts 21
Dec 24, 2020 at 10:32
BenNathanFX posted:
With the multitude of scam brokers and bogus reviews out there finding a broker is mega hard, or at least mega confusing, so I created a video to go through the steps I take when looking at a new broker - these can be applied to any broker you look at so I hope this helps some people.

https://dailyforexschool.com/blog/blog/5-steps-to-choosing-the-right-broker


Especially Read the latest reviews on top forex broker...

https://fxreviewtrading.com/broker/investlite/
Miembro desde Nov 23, 2020   posts 46
Dec 27, 2020 at 20:56
To make the first experience as pleasant as possible, it is better for a novice trader to choose a broker with a minimum initial deposit, so that in case of an unsuccessful transaction, he does not lose much
Miembro desde Jul 23, 2020   posts 869
Dec 28, 2020 at 01:13
Gracewilson1995 posted:
the broker with regulation, good leverage is the correct broker for you, do check the spreads and execution on the demo first.
Regulation and trading services is important to check before investing any money.
Miembro desde Sep 18, 2020   posts 31
Dec 29, 2020 at 07:25
Certainly, regulation is one of the prior things I look for, in a broker followed by good trading conditions. This is the reason I ended up with Fxview since they are Cysec regulated and quite good in terms of offerings such as good execution, tight spreads and quick withdrawals.

Miembro desde Dec 21, 2020   posts 36
Dec 29, 2020 at 11:18
Johannes33865 posted:
Choosing the right broker is very important.
What is your criteria of choosing the right broker?
Martow (Martow6474yfhfyf)
Miembro desde Feb 24, 2020   posts 4
Dec 31, 2020 at 11:40
When choosing a broker, I am often guided by the question of withdrawing funds. This is critical to me.
Miembro desde Oct 26, 2020   posts 29
Jan 21, 2021 at 09:39
Yeah, there are so many scammers in the market and every trader, be it a newbie or an advanced one should be very careful while selecting a platform.
lovefortrading (perryjohn765)
Miembro desde Sep 12, 2017   posts 238
Jan 21, 2021 at 11:09
Fx_howie posted:
Johannes33865 posted:
Choosing the right broker is very important.
What is your criteria of choosing the right broker?
the right criteria is to try them urself.. check the spreads, the trading conditions and the regulation
Miembro desde Oct 20, 2020   posts 49
Jan 21, 2021 at 14:41
'Since there are many scammers out there the best way I prefer choosing a broker is by their experience in forex business, like I use FP Markets because it is one of the oldest broker active since 2005 that over a decade.

I would recommend choosing an older broker because they are much more reliable; it is better to check the broker's reviews and regulation before investing in it.'
Miembro desde Jun 30, 2020   posts 90
Jan 22, 2021 at 08:14
Trust in a broker who has been on the market for more than 5-7 years, of course, more because there is confidence that such experience is earned on good terms
Miembro desde Jul 20, 2020   posts 341
Jan 22, 2021 at 09:25
Broker is the most important element in the trading. If you can not pick the right broker for the market, you can not survive in this risky market.
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