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For new trader, finding a regulated broker is VERY important.
Sep 10, 2021 at 07:49
1,339 Views
18 Replies
Member Since Aug 13, 2021
39 posts
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
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
Member Since Mar 16, 2021
447 posts
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.
Member Since Jul 23, 2020
696 posts
Nov 10, 2021 at 11:40
The most critical requirement for a successful trading career is trading with a regulated broker.
Member Since Jul 23, 2020
816 posts
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.
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.
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.
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.
Member Since Aug 05, 2021
394 posts
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!
Member Since Aug 19, 2022
42 posts
Dec 02, 2022 at 01:14
At the moment quite popular offshore brokers.
Make money with people who know how to make money.
Member Since Aug 17, 2022
79 posts
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.
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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