For new trader, finding a regulated broker is VERY important.

Sep 10, 2021 at 07:49
Vues 1,125
18 Replies
Membre depuis Aug 13, 2021   posts 43
Sep 10, 2021 at 07:49
I saw so much scam in the market. Mt4 is relatively cheap to set up. Just buy up the license from Metaquote and you can start your server.

So, always look into some big licenses to choose your broker such as FCA(UK), ASIC(AUS), CySEC. I have been working to differentiate which is which for years...
This is my only reminder to you all. Spread is very minimal to your profit if you are doing mid-long term trading.
Stability is king
Membre depuis Mar 16, 2021   posts 477
Sep 10, 2021 at 15:37
Good information. You have to invest in trading depending on the broker. Profit is to be made by combining broker and knowledge. That is why regulated brokers are needed to keep this fund safe.
Membre depuis Jul 19, 2020   posts 788
Sep 11, 2021 at 00:36
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Membre depuis Dec 28, 2020   posts 187
Sep 16, 2021 at 11:14
With regulated brokers you get restricted with the leverage, and beginners do not have much capital initially so they need high leverage.
Membre depuis Mar 28, 2021   posts 617
Sep 27, 2021 at 12:41
For any trader, a good regulated broker is important. You can not put your money into an unregulated broker. Your money can be frozen by without any problems.
Membre depuis Jul 19, 2020   posts 751
Sep 28, 2021 at 10:25
@Akasuki Yes you are right. For online Forex trading, a regulated broker is very important. We can't trust unregulated broker where money is involved. It's better to stay safe.
Membre depuis Jul 23, 2020   posts 759
Nov 10, 2021 at 11:40
The most critical requirement for a successful trading career is trading with a regulated broker.
Membre depuis Jul 23, 2020   posts 869
Nov 11, 2021 at 10:53
It's important to identify brokers who are reliable and viable and to avoid the ones that are not.
Membre depuis Mar 28, 2021   posts 617
Jan 16, 2022 at 12:44
AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
Membre depuis Jul 19, 2020   posts 788
Jan 16, 2022 at 16:09
RobSchiz posted:
AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Yes. I agree with you.
You must have a license to trade. This helps us to keep our investment safe. It is easy to invest in a broker's license.
Membre depuis Jul 19, 2020   posts 788
Jan 17, 2022 at 14:04
Akasuki posted:
AliaDare posted:
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
You must have an idea about the regulation of the broker if you want to trade. It is risky to trade in that broker without a license.
Membre depuis Sep 02, 2022   posts 75
Nov 28, 2022 at 09:39
We all know that broker serves as an intermediary in Forex. Broker’s security is highly important for you if your trading capital is significantly large.
Membre depuis Aug 05, 2021   posts 401
Dec 01, 2022 at 17:42
As someone who has done a ton of research and comparison for different brokers, I have to say that regulation doesn't always equal safety like most believe. If you look into what happened with Veracity (just for one example), you see that the clients got burned and most felt like they were secure because of the regulators. Reviews from real people is always what makes me feel more secure. Also, offshore brokers can be cheaper and usually have much more flexible leverage!
Membre depuis Aug 19, 2022   posts 44
Dec 02, 2022 at 01:14
At the moment quite popular offshore brokers.
Make money with people who know how to make money.
Membre depuis Sep 02, 2022   posts 75
Dec 02, 2022 at 08:43
In Forex I prefer long-term trading which refers to the complete professionalism but traders are mostly allergic to this type of trading as it takes much time and the return from it is quite uncertain.
Membre depuis Sep 02, 2022   posts 75
Jan 08, 2023 at 12:23
A regulated broker allows traders with numerous trading advantages that ultimately increase traders’ return. There are several brokers on the market so you should select one of those with a very caution.
Membre depuis Aug 17, 2022   posts 80
Jan 09, 2023 at 11:34
It is crucial to trade with a regulated broker to be protected on all fronts. So when it comes to broker, I use aaafx since they are regulated and has some of tightest spreads that I'd like to see in broker.
Membre depuis Feb 01, 2023   posts 5
Mar 02, 2023 at 04:03
I have been looking at a broker in my region(asia), is it sometimes better to go for a same timezone brokerage so that they can offer support and assistance when needed?
Membre depuis Sep 02, 2022   posts 15
Mar 21, 2023 at 12:15
utraeg posted:
I have been looking at a broker in my region(asia), is it sometimes better to go for a same timezone brokerage so that they can offer support and assistance when needed?
Timezone isn't a major issue, you can go for brokers like fxview, tickmill or icmarkets, where they have around-the-clock services, so you don't have to worry about when are they available, mate. You can reach out to them anytime available 24hrs.
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