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For new trader, finding a regulated broker is VERY important.
Miembro desde Aug 13, 2021
posts 39
Sep 10, 2021 at 07:49
Miembro desde Aug 13, 2021
posts 39
I saw so much scam in the market. Mt4 is relatively cheap to set up. Just buy up the license from Metaquote and you can start your server.
So, always look into some big licenses to choose your broker such as FCA(UK), ASIC(AUS), CySEC. I have been working to differentiate which is which for years...
This is my only reminder to you all. Spread is very minimal to your profit if you are doing mid-long term trading.
Stability is king
So, always look into some big licenses to choose your broker such as FCA(UK), ASIC(AUS), CySEC. I have been working to differentiate which is which for years...
This is my only reminder to you all. Spread is very minimal to your profit if you are doing mid-long term trading.
Stability is king
Miembro desde Mar 16, 2021
posts 447
Miembro desde Jul 23, 2020
posts 696
Miembro desde Jul 23, 2020
posts 816
Jan 16, 2022 at 12:44
Miembro desde Mar 28, 2021
posts 586
AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
Jan 16, 2022 at 16:09
Miembro desde Jul 19, 2020
posts 742
RobSchiz posted:AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Yes. I agree with you.
You must have a license to trade. This helps us to keep our investment safe. It is easy to invest in a broker's license.
Jan 17, 2022 at 14:04
Miembro desde Jul 19, 2020
posts 742
Akasuki posted:AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
You must have an idea about the regulation of the broker if you want to trade. It is risky to trade in that broker without a license.
Miembro desde Aug 05, 2021
posts 394
Dec 01, 2022 at 17:42
Miembro desde Aug 05, 2021
posts 394
As someone who has done a ton of research and comparison for different brokers, I have to say that regulation doesn't always equal safety like most believe. If you look into what happened with Veracity (just for one example), you see that the clients got burned and most felt like they were secure because of the regulators. Reviews from real people is always what makes me feel more secure. Also, offshore brokers can be cheaper and usually have much more flexible leverage!
Miembro desde Aug 19, 2022
posts 42
Miembro desde Aug 17, 2022
posts 79
Mar 21, 2023 at 12:15
Miembro desde Sep 02, 2022
posts 16
utraeg posted:
I have been looking at a broker in my region(asia), is it sometimes better to go for a same timezone brokerage so that they can offer support and assistance when needed?
Timezone isn't a major issue, you can go for brokers like fxview, tickmill or icmarkets, where they have around-the-clock services, so you don't have to worry about when are they available, mate. You can reach out to them anytime available 24hrs.

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