Choosing the Right Broker
Jan 22, 2021 at 09:26
Andronn posted: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.
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
The more your practice, the more you learn.
Membre depuis Sep 12, 2017
posts 238
Jan 25, 2021 at 03:37
why always the old broker in this way we can ignore a new broker with good offering..a research is imp.. an old broker with a good name might not fulfil everybody's trading conditions.
Feb 02, 2021 at 09:59
The first and most important thing we should check is the regulation of brokers.
Also, before choosing any broker for making investment be knowledgeable about various fees charged to get the services offered by that particular broker.
Also, before choosing any broker for making investment be knowledgeable about various fees charged to get the services offered by that particular broker.
Membre depuis Sep 12, 2017
posts 238
Feb 18, 2021 at 13:57
regulated and ECN. the best combo in a broker.
Feb 20, 2021 at 06:24
Alberncon posted:Check fxview. Spreads are tight and they are regulated with FCA/Cysec. For commission, all they charge is $2/lot rt.
I'm currently looking for a reliable broker with ASIC or FAC regulation with tighter spreads and lower commission. Anyone currently trading with such a broker?
Membre depuis Aug 05, 2021
posts 401
Feb 02, 2022 at 18:10
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.
Membre depuis Mar 01, 2018
posts 43
Feb 02, 2022 at 18:57
Try comparing Forex brokers for reliability and Terms of cooperation first. When trading on the Forex market, traders need to research, analyze, and compare brokers but this is time-consuming and difficult. When you are just starting, you may be unsure of what to look for. you can try leverage, minimum deposit, and spread as well as other factors you need to take into consideration as a trader when choosing your broker.
Have your trading charts ready!
Feb 02, 2022 at 23:35
When traders already finding a good broker and them comfortable working with the broker hence usually will stick to using trading service, the good brokers also have good customers support for complaining when traders face the problem, and they get assistance to resolve the problem, but before choosing the broker usually trader will make research, about regulation, reviews, and learning from experience fellow trader, forum community is a great place to share and ask something
Membre depuis Jun 19, 2020
posts 38
Mar 02, 2022 at 09:57
While choosing a forex broker, I look for their deposit requirements, trading cost and also funding methods. Leaning towards crypto forex brokers like finprotrading these days, btc deposits/withdrawals are a bliss!
Membre depuis Feb 16, 2022
posts 119
Mar 30, 2022 at 11:20
Brokers work as an intermediary between market and traders. A scam broker will turn your life into a hell. So, avoid scam brokers and go for a regulated broker which provides high security of your fund. Security is a major issue when you have a large amount of capital. So, select your broker carefully and save your fund.
Apr 04, 2022 at 06:37
To be honest, we can never decide what is right or wrong as it all comes down to what you want from a broker, is it good spreads, commission, or a solid platform? For me personally, i wanted a broker with whom i can trade at the lowest cost possible and thus with fxview, have low commission ($2 rt). So know your requirements first and the decide on a broker.
Membre depuis Apr 05, 2021
posts 29
Apr 08, 2022 at 16:13
Akasuki posted:
Exactly, forex trading is really complicated if you can't combine brokers.
I prefer diversification, also when it comes to brokers.
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
