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What safety measure I need to take before choosing any forex broker?

Chelsea Blacks (blackChelsea)
Nov 11 2021 at 11:57
posts 125
I always choose a broker which is registered with a strong financial regulatory body. I have started with pepperstone and traded for 1 year but later on switched to fxview though both are well regulated but latter one is pretty light on commissions and offer tight spreads.
Nov 18 2021 at 15:51
posts 154
It is not so difficult to choose a broker, just work with different options under different conditions, but the main thing is not to fall into the hands of scammers, and you will be happy
Jan 04 at 07:19
posts 759
A good broker will always be consistent with its services and never cheat on its customers.
Jan 04 at 10:36
posts 23
While choosing a forex broker, one must look into the regulations, low commission costs, leverage offered by the broker, training programs available for newcomers, and overall customer service provided.
RVD (psiho_87)
Jan 04 at 17:54
posts 2
if you trade up to $ 1000, then by and large there is no difference through which broker to trade, the main thing is to like the conditions.

and if the amount is greater, I recommend first of all to consider brokers licensed in your country
Jan 06 at 04:22
posts 809
It's an important decision to pick the correct broker as choosing the wrong one may cost you a lot of money.
Jan 13 at 19:10
posts 24
The main thing is to be convinced that your broker can be considered as trustowrthy one. You have to check all he regulations, certifications and licenses in order to be sure that your broker execute its duties in accordance with special regulator. Moreover, you should check the system of depositing and withdrawing money. Sometimes unhonest brokers cheat on their traders because of this system. They allow traders to deposit money but they don't let traders to withdraw earned sums. There are plenty of peculiarities actually. In addition, you can check reviews in the internet about particular brokers in order to understand whether this broker recommended itself in trading community as a reliable one, or not.
HeavenLeighGill (HeavLeighGill26)
May 20 at 16:11
posts 284
Always read reviews from other real traders so you can get an idea of things go as far as customer support, withdrawing, and any red flags that may come up. Look out for posts about withdrawal issues. Also, remember that some traders may be angry with the broker when it was actually their fault they lost money, so I try to find multiple comments about the same problem.
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