Broker

The best broker is a broker which does not restrict any kinds of trading techniques with scalping and hedging. a best trading platform for all time make sure best trading environment for using any kinds of trading techniques by providing lowest trading spreads as well minimum margin requirements. so when choosing a broker we the traders have to be more careful.

I guess you have to search in the internet for a proper broker according to your request. Of course, people around here can easily advice you some brokers, but the amount of people equal to the amount of brokers you know, and it will be easier just to google required conditions in the internet and choose a broker, based on your requirements.
No doubts, that people are tend to believe in something that might have been said by other people, who are considered to be professionals in particular sphere and it's okay. But if you will apply to the internet you will spend less time searching for a broker I bet.

I use Finprotrading, a good broker so far.

I’ve used turnkeyforex, eaglefx and lmfx so far. All three are good brokers with solid trading conditions.

Peirameter posted:
I use Finprotrading, a good broker so far.

What do their fees look like? Withdrawal times?

A broker allows traders with numerous facilities necessary for trading, for example- high leverage, trading spread, trading platform, providing different technical tools etc. Security is the most demanded thing provided by a broker. ECN, STP, and Market maker are three types of brokers.

You cannot think of trading without the presence of a broker, which acts as an intermediary. In exchange for commission, a broker serves traders with numerous facilities. A broker allows traders with high security of funding which is badly essential for a trader. Some scam brokers are also a threat to traders.

Imo a broker that is regulated and offers transparent pricing is good for traders, especially newbies. Here are some good options in regulated brokers:

Aaafx
IC Markets
Hotforex
Fxtm

Some of the good brokers which I have come across during my trading journey are fxview, fxpro and ic markets, all of them are regulated plus offer solid trading conditions.

Broker serves as an intermediary between traders and the market. They are always dedicated to their traders and provide them other supports too. They allow traders with a well-defined trading platform that includes all technical tools and other things too.

Imamul posted:
when choosing a broker we the traders should chose the broker which is more appropriate to the concept of trading that will be used. if love doing scalping should choose the broker which allows trading concept such as this.

You’re right, one should choose a broker according to his/her trading style and requirements. Since you’ve mentioned scalping, I’ve shortlisted a few brokers (coinexx, eaglefx, justforex & lqdfx). Can you help me choose the best one from these?

I’ve heard that brokers can manipulate the prices of currency pairs, so I would only go for a broker that offers transparent pricing.

gookerjohnson posted:
Hey, I’ve just started trading, can someone suggest to me a low-cost broker that has tight spreads and offers a swap-free account?

As per my experience, fxview spreads are quite low, ranges between 0.1- 0.2 pips and also offers Islamic accounts - swap free.

A trader should go for such a broker that offers low spread, high security and high leverage. A certified broker allows new investors with handsome amount of welcome bonus. In all ways, a scam broker is harmful for a trader so traders should be careful about this.

In the modern world, an internet presence is very important when you are choosing a broker to trade with. Instead of going by what your broker tells you about their services, you must check what their previous customers have to tell about them.

The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.

Pepperstone, icm, fxview and fxtm are some good broker options with low trading cost plus they offer swap-free accounts as well.

mortanlais posted:
The broker you are planning to choose must offer customer support whenever you need it. If not over the phone, your broker must at least be available over chat.

This is a key factor for me too as the markets are open all day and night during the week it's key to have customer support that matches that

You must choose a regulated broker with a good reputation in the field of forex.