Dec 24 2020 at 06:56
I don’t pay attention to the regulation or whatever. I just trade and make money. Simple as that.
Dec 24 2020 at 10:43
Mikehussey posted:IvanMelnik posted:
1 Regulation
2 Trading conditions
3 Online reviews
I look for all these things while choosing a broker.
Agreed. Here are things I look for when selecting a broker:
Check if the broker is regulated
Get all the account details and check the leverage and margin
Pay close attention to commissions and spreads
Review the initial deposit amount
Check if withdrawals and payments are timely or fast
Trading platforms available
Customer support
Number and types of currency pairs offered
That’s very precise but I get the idea. Thanks everyone.
Dec 24 2020 at 12:42
If you’re so worried about it, why not ask the experts. I trade with Pepperstone and Fxview for better spreads and smoother transactions. Withdrawals and payments are fast too.
Dec 28 2020 at 21:05
A broker is the most important element for trading in the forex market. You can choose a reliable and regulated broker by researching the market properly. You can visit those websites that provide broker reviews on their sites.
Dec 29 2020 at 08:01
jamesmaxwell52 posted:
I don’t pay attention to the regulation or whatever. I just trade and make money. Simple as that.
Is it? Aren't you scared about the scams?
Dec 30 2020 at 12:50
EbonyJones posted:
A broker is the most important element for trading in the forex market. You can choose a reliable and regulated broker by researching the market properly. You can visit those websites that provide broker reviews on their sites.
I am wondering how genuine such reviews are, I heard from somewhere that they are actually paid for. Is it true?
Jan 01 at 05:47
The list of what all to consider when finalising on a broker are endless. But my top 3 things to look into are: deposits and withdrawals, leverage and order execution.
Jan 01 at 07:26
In initial days when you are starting in the field of trade then you can start with the regulated brokers to save yourself from fraud. These regulations are not guarantees which will give you profits but you will at least know whom to approach in case of fraud.
Jan 04 at 04:12
I consider slippage to be a very important factor. I know that some sort of slippage is bound to happen, but many fractions of a second of slippage is only acceptable. The trading environment that I get with the brokers I am using right now is fine till now. I have noticed that big slippage occurs on any platform when an important announcement is made. I avoid news trading.
Jan 04 at 09:47
You should look at broker reviews, I always do that before choosing a new broker for trading. Forex peace army is good for genuine reviews.
