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For new trader, finding a regulated broker is VERY important.
Membre depuis Aug 13, 2021
posts 43
Sep 10, 2021 at 07:49
Membre depuis Aug 13, 2021
posts 43
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
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
Membre depuis Jul 23, 2020
posts 759
Membre depuis Jul 23, 2020
posts 869
Jan 16, 2022 at 12:44
Membre depuis Mar 28, 2021
posts 617
AliaDare posted: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.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Jan 16, 2022 at 16:09
Membre depuis Jul 19, 2020
posts 788
RobSchiz posted: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.AliaDare posted:Yes. I agree with you.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Jan 17, 2022 at 14:04
Membre depuis Jul 19, 2020
posts 788
Akasuki posted: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.AliaDare posted: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.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Membre depuis Aug 05, 2021
posts 401
Dec 01, 2022 at 17:42
Membre depuis Aug 05, 2021
posts 401
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
Membre depuis Aug 17, 2022
posts 80
Mar 21, 2023 at 12:15
Membre depuis Sep 02, 2022
posts 15
utraeg posted: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.
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?
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