Over the years, I’ve learned (sometimes the hard way) that getting comfortable with a new broker isn’t just about spreads and leverage. There are a few things I now do every single time I try out a new trading platform — whether it's a big name or a lesser-known broker.


Here’s my usual checklist:


 ✅ 1. Start with a Demo – But Don’t Stay There Too LongI open a demo account to get a feel for the platform layout, order types, charting tools, and execution speed. I place a few test trades on pairs I normally trade (usually EUR/USD and GBP/JPY) just to simulate real conditions. But I switch to live pretty quickly — demo execution and psychology aren’t the same.


 ✅ 2. Live Account, Minimal DepositNext, I fund a live account with a small amount (usually 5–10% of what I’d eventually trade). My goal is to test execution, spreads under pressure, and withdrawal speed, not make profits. I treat it like a “broker stress test.”


 ✅ 3. Monitor Execution During High VolatilityI’ll place limit and market orders during key events (like London open or NFP) to see how the platform handles slippage, re-quotes, and freezes. If there's noticeable lag, that’s a red flag.


 ✅ 4. Withdrawal Test Within the First WeekNo matter how good the platform seems, I always request a small withdrawal within the first few days. If there are delays, excessive verification, or unexpected fees — I’ll reconsider going further. Smooth withdrawals are non-negotiable.


 ✅ 5. Review the Fine PrintBefore I even accept a bonus or promo, I read the terms closely. Some brokers hide withdrawal restrictions or trading volume requirements in the fine print. If anything feels unclear, I skip it.


 ✅ 6. Track Spreads in Real TimeI use a simple Excel sheet to log average spreads on my top 3 pairs across 3–5 different times of day. This helps me compare brokers more objectively, especially during volatile vs. quiet periods.


 ✅ 7. Document EverythingI screenshot my live trades, record any support chats, and save confirmation emails. If anything goes sideways, I want evidence. Trust but verify.


 This process helps me avoid surprises and stay consistent across brokers — especially if I’m testing a new one like I recently did with CapPlace. Keeps things clean and data-driven.


Happy to share more if anyone’s interested in templates or checklists.


Trade safe.