How can we find a reliable platform?
Membre depuis Nov 06, 2018
posts 83
Mar 06, 2020 at 15:54
candicesummer posted:
When choosing a FOREX broker, you should always consider security, support, fees and regulations before you decide.
So in order to find a regulated forex broker with a great reputation, consider these things:
Where are the broker regulated
FCA
FSA
CySEC
FINRA
CFTC
ASIC
How many years have they been in business?
Have they survived bear markets, and big client losses?
How much do they have in deposit guarantee?
Are they holding you account deposit in a segregated bank?
What support opportunities do they offer?
When you have answered these first questions, you can begin to compare spreads, fees, inactivity fees, charting software and anything else that might also be important for you as a trader.
When you compare the best and regulated forex brokers you should consider:
Spreads
Trading fees
Inactivity fees
Account fees
Charting software
Check out review sites such as Forex Peace Army and read reviews and you'll be able to find your answer.
Mar 12, 2020 at 16:34
Honestly, I think the only way to be sure of a broker's quality is in person. Because you can find both positive and negative information about the same company. And you can be both a happy user and a dissatisfied one. This is the reason why I never give specific recommendations on the choice of broker, because what suits me may not suit you.
Membre depuis Jan 05, 2020
posts 16
Mar 12, 2020 at 17:50
I think that feedback from those who have already worked with this broker can be very helpful in this case, plus you can find the most interesting services that the broker provides and it will definitely help you to decide.
Mar 12, 2020 at 18:05
In my opinion, a broker should cope with two functions - to provide normal operation of the terminal and to withdraw money of its clients without problems. If the company copes with it - then everything is just fine, and if not - then draw conclusions yourself....
Membre depuis Jul 19, 2020
posts 318
Oct 18, 2020 at 20:31
A broker is the most important element for trading in the forex market. You can choose a reliable and regulated broker by researching the market properly. You can visit those websites that provide broker reviews on their sites.
Membre depuis Jun 09, 2020
posts 36
Oct 29, 2020 at 11:25
I think online reviews are a big give away. And so are the testimonials of existing users. Found recommendations of using Fxview, Pepperstoner and AvaTrade on babypips (again a reliable source of getting right suggestions) and created demo accounts of all 3. Found FXview more compatible to my needs and have been trading with them since about a year now. So I believe social trading sites and communities are good resources for validation and recommendations.
Membre depuis Jul 20, 2020
posts 298
Oct 30, 2020 at 01:16
Brokers are a very important factor in Forex trading. If choosing a broker is not right, the chances of loss increase. I suggest trading under a regulated broker. And it is better to trade at a broker where the spread is low.
Membre depuis Oct 30, 2020
posts 21
Oct 30, 2020 at 07:13
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While many are coming in the crypto community for earning a bit, some are here to take a dip into the technology.😲
9 Best Crypto Trading platform https://fxreviews.best/blog/9-amazing-crypto-trading-platforms-2020/
Membre depuis Jun 05, 2020
posts 33
Nov 04, 2020 at 11:13
Choosing a reliable broker is not an easy task for sure.
Going through regulations, testing demo conditions, support, transfers, all this requires good time and effort. I remember when I was in search of a broker, all this was quite tiring, but got my hands on fxview and things worked out well in the end for me. They gave me pretty nice trading conditions. I would say, whichever broker you want to choose, give it a good research, know it all and then open your account.
Going through regulations, testing demo conditions, support, transfers, all this requires good time and effort. I remember when I was in search of a broker, all this was quite tiring, but got my hands on fxview and things worked out well in the end for me. They gave me pretty nice trading conditions. I would say, whichever broker you want to choose, give it a good research, know it all and then open your account.
Membre depuis Jul 19, 2020
posts 318
Nov 04, 2020 at 16:48
You can find the reliable broker by researching the market properly. You can visit those websites which provide broker reviews on their sites.
Membre depuis Oct 09, 2020
posts 28
Nov 10, 2020 at 10:52
Without a reliable broker, the forex trading journey is as useless as your car without wheels. Do thorough research while choosing a broker for you.
Membre depuis Oct 14, 2020
posts 25
Nov 18, 2020 at 06:23
Make sure you compare the services of different brokers before actually selecting one that is good for you.
Nov 19, 2020 at 08:13
candicesummer posted:
When choosing a FOREX broker, you should always consider security, support, fees and regulations before you decide.
So in order to find a regulated forex broker with a great reputation, consider these things:
Where are the broker regulated
FCA
FSA
CySEC
FINRA
CFTC
ASIC
How many years have they been in business?
Have they survived bear markets, and big client losses?
How much do they have in deposit guarantee?
Are they holding you account deposit in a segregated bank?
What support opportunities do they offer?
When you have answered these first questions, you can begin to compare spreads, fees, inactivity fees, charting software and anything else that might also be important for you as a trader.
When you compare the best and regulated forex brokers you should consider:
Spreads
Trading fees
Inactivity fees
Account fees
Charting software
While choosing a Forex broker, you should always consider whether it’s regulated or not, then check their support and fees. Do check whether they are market makers or ECN brokers. Then check Commission charged, Spreads and Inactivity fees
The more your practice, the more you learn.
Membre depuis Nov 03, 2020
posts 65
Nov 20, 2020 at 09:32
Read the reviews, adhere to those basic criteria that exist, and of course, just quote it by making a minimum deposit
Membre depuis Nov 03, 2020
posts 65
Dec 21, 2020 at 10:24
There are generally accepted recommendations on how to choose a platform and what to look for, focus on them, and, of course, compare the conditions that are offered.
Membre depuis Sep 30, 2020
posts 58
Jan 05, 2021 at 04:12
Cordawield posted:Comparing two or more platforms is a smart way of making a decision especially if it is about a platform. There are some factors that cannot be overlooked like commissions, any additional fees, spreads offered, leverage, trading conditions, withdrawals, deposits, etc. Always better to be prepared.
There are generally accepted recommendations on how to choose a platform and what to look for, focus on them, and, of course, compare the conditions that are offered.
Membre depuis Jun 15, 2020
posts 59
Jan 05, 2021 at 06:26
Mikehussey posted:That works for me too and you know what I do, I simply make a list of platforms that are okay in terms of reliability and service. It is important for me to do my research before going with a platform. I did that when I was looking for brokers. I took 3 brokers, XTB, IG and Fxview and analysed their services and created a detailed account of what might suit my style. The customer support with these platforms was good and IG’s interface was easy to handle. I really liked the lower spreads offered by Fxview and the transaction cost was also low. I ended up using all three.Cordawield posted:Comparing two or more platforms is a smart way of making a decision especially if it is about a platform. There are some factors that cannot be overlooked like commissions, any additional fees, spreads offered, leverage, trading conditions, withdrawals, deposits, etc. Always better to be prepared.
There are generally accepted recommendations on how to choose a platform and what to look for, focus on them, and, of course, compare the conditions that are offered.
Membre depuis Sep 30, 2020
posts 58
Jan 06, 2021 at 04:00
inspirenez posted:Yes, reliability in terms of execution, deposits and withdrawals is very important and a trader should get a good share of his own profit instead of just paying the high commission charges of different platforms. Just an opinion.Mikehussey posted:That works for me too and you know what I do, I simply make a list of platforms that are okay in terms of reliability and service. It is important for me to do my research before going with a platform. I did that when I was looking for brokers. I took 3 brokers, XTB, IG and Fxview and analysed their services and created a detailed account of what might suit my style. The customer support with these platforms was good and IG’s interface was easy to handle. I really liked the lower spreads offered by Fxview and the transaction cost was also low. I ended up using all three.Cordawield posted:Comparing two or more platforms is a smart way of making a decision especially if it is about a platform. There are some factors that cannot be overlooked like commissions, any additional fees, spreads offered, leverage, trading conditions, withdrawals, deposits, etc. Always better to be prepared.
There are generally accepted recommendations on how to choose a platform and what to look for, focus on them, and, of course, compare the conditions that are offered.
Membre depuis Jun 15, 2020
posts 59
Jan 06, 2021 at 06:06
There is another way which I use for looking at brokers, which is to use them. I use their demos, got nothing to lose.
