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Choosing the Right Broker
Miembro desde Sep 18, 2020
posts 30
Dec 29, 2020 at 07:25
Miembro desde Sep 18, 2020
posts 30
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 Feb 24, 2020
posts 4
Miembro desde Oct 26, 2020
posts 27
Miembro desde Sep 12, 2017
posts 232
Jan 21, 2021 at 11:09
Miembro desde Sep 12, 2017
posts 232
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
Jan 21, 2021 at 14:41
Miembro desde Oct 20, 2020
posts 45
"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."
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 Jul 20, 2020
posts 278
Jan 22, 2021 at 09:26
Miembro desde Apr 15, 2020
posts 187
Andronn posted:
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
That is correct. A broker who has been in the market from quite a long time has genuine history which is required to check the worthiness of the broker. A trader can know more via reviews, news, ranking etc. of that particular broker.
The more your practice, the more you learn.
Miembro desde Sep 12, 2017
posts 232
Miembro desde Sep 12, 2017
posts 232
Miembro desde Aug 05, 2021
posts 394
Feb 02, 2022 at 18:10
Miembro desde Aug 05, 2021
posts 394
I think one sign that you're looking at a good broker is evident if they have a transparent website. You should be able to learn all about their account types, available leverage and what assets they offer for trading, how much their minimum deposit is, the cost of fees for withdrawing, commissions, and spreads, how long it takes to withdraw money, methods that can be used for funding, terms & conditions surrounding bonuses, and so on. If you can't find it on their site, they are likely hiding somethin. You should also try to contact their customer support team because some brokers claim to offer LiveChat but it just turns out to be a bot that can only handle basic issues or nobody is ever online. Lastly, online reviews can help point out any red flags.

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