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Choosing the Right Broker

Adribaasmet
Sep 12 2018 at 11:34
posts 987
Hey mate, are you a news trader? Or, are you active on the high voltage news session like FOMC,NFP??

kennyhubbard (compuforexpamm)
Sep 12 2018 at 13:45
posts 265
Adribaasmet posted:

Hey mate, are you a news trader? Or, are you active on the high voltage news session like FOMC,NFP??


Nah, not much of a news trader. A bit of scalping here and there. I also toyed with a bit of latency trading(HFT).

Wealth Creation Through Technology
Bernard Van Noor (Robert96)
Sep 24 2018 at 12:37
posts 14
I have several criteria for assessing a broker:
As for me the most important thing in a broker is responsiveness to their clients;
Regulation of course;
The contest/bonus system;
What commissions they charge;
And how quickly they withdraw funds.

it is main for me. This is what I first of all pay attention to.

keycurrency
Sep 25 2018 at 07:45
posts 18
Mostly I care about exchange access and real spreads.

If you want the currency we got the advantage.
Groundfinance
Sep 25 2018 at 14:10
posts 2
If anyone is interested, we wrote a really detailed guide on how to find a good forex broker.

https://groundfinance.com/choose-forex-broker-ultimate-guide/

Good luck to finding a good broker and stay safe!

JamesAnderson
Oct 01 2018 at 10:32
posts 31
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms

estraub
Oct 01 2018 at 14:50
posts 23
JamesAnderson posted:
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms

 - Regulation
 - Location
 - Broker type (DMA, STP, MM, ECN etc)
 - Feedback and reviews of the broker
 - Minimum deposit and withdrawals
 - Negative balance protection

P.S - The broker having any kind of Bonus scheme is almost certain that this broker is a Market Maker (A.K.A Dealing Desk) and is not going to let you withdraw your money. -> scam.

AmDiab
Oct 07 2018 at 05:54
posts 718
JamesAnderson posted:
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms


I think, regulation & transparency is also important issue, so please add this point on your list! Thanks.

Groundfinance
Oct 10 2018 at 06:14
posts 2
Regulation only matters if it actually has any power. Small tax-havens and island countries have regulators, but if you get scammed you actually are never going to see your money again.

jamesgwyther
Oct 13 2018 at 07:43
posts 289
Groundfinance posted:
Regulation only matters if it actually has any power. Small tax-havens and island countries have regulators, but if you get scammed you actually are never going to see your money again.


I use Hugosway, they are not regulated but I am very happy with them.

Mohammadi
Oct 14 2018 at 06:02
posts 886
The trading spreads is a big deal when choosing a broker, despite of good trading knowledge that’s not possible at all to lead a successful trading life if you don’t have a comfortable trading spreads. now I am looking for lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

Imamul
Oct 16 2018 at 06:04
posts 649
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And EarnForex and Babypips can be a great source to find a right broker nowadays.

Mohammadi
Oct 16 2018 at 13:07
posts 886
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.

yellowman94
Oct 16 2018 at 14:02
posts 41
To find the right broker always consult some experienced person and try out their demo account first.

danmulligan
Nov 06 2018 at 11:22
posts 8
Choosing the right broker can be a very difficult task. I’ve been in that stage myself. After reading the reviews online I tried out coinexx. Really liked them, easy and quick transactions and best of all low spreads. You can try reading online reviews to different brokers and try their demo accounts to see who stands up for your trading standards.

s1m3nk0n
Nov 07 2018 at 11:43
posts 9
Has someone traded with BlackBull markets? I read this review...

https://groundfinance.com/blackbull-markets/

...and it seems they should be a good choice. Has anyone got experience with them? Looking mostly to news trade and scalp small timeframes.


jamesgwyther
Nov 07 2018 at 13:11
posts 289
I use JAFX as they were recommended to me personally and have never had any issues or reason to change.

pipsKeeper
Nov 08 2018 at 12:44
posts 19
Nice broker can be only personally adviced. When I looked for a broker I didn't read any reviews, I just asked my friends and collegues who known in forex. They help me to choose the broker and I use it.

Adribaasmet
Nov 19 2018 at 11:12
posts 987
jamesgwyther posted:
I use JAFX as they were recommended to me personally and have never had any issues or reason to change.


Mate; what’s your news trading experience? Any slippage or frizzing issue?

Mohammadi
Dec 07 2018 at 09:23
posts 886
Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,

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