Choosing the Right Broker

No doubt on it, transparency is the key! This is why, I have chosen my trading broker so carefully & from the last 1.5 years I have been trading with tpglobalfx, they provide me best trading conditions, which is very important to me, since I am a scalper! Every single pip is countable.

In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

It's not that obligation that your broker should be regulated or something else. I do assume it should be done in really positive way with everything here. How else do you plan to compete with people from first world with a lot of cash in their hands.

Choosing the right broker is one of the crucial aspects for any new trader. I only recommend to trade with regulated broker. Trader always should follow latest regulator warning about broker.

Choosing a broker is essential for a trader. But choosing the best one is very difficult. I suggest, research properly about the broker and choose the best one from your research.

Choosing the right broker means choosing a right trading path as brokers play quite an essential role in trading. Before choosing a broker always check for the reviews online, talk to them, ask everything you want to know, check their legitimacy, and then go for one.

People spend too much time worrying about broker. Just get an ECN broker that has a good rating on MyFXBook. Then focus on trading

Choosing a good regulated broker is very important. There are many scam brokers in the internet. You need to find a legitimate one to protect your money. You also need to consider spreads, margin level, deposit and withdrawal facilities and many more.

t is very difficult to choose an honest broker, there are a lot of scammers, how not to fall into their hands?

@Moritz735367 first search in forums Wikifx, FPA to see the reviews. Also check if its regulated and which regulation. Usually CySEC, FCA, FSA are the most popular.

diogomx posted:
@Moritz735367 first search in forums Wikifx, FPA to see the reviews. Also check if its regulated and which regulation. Usually CySEC, FCA, FSA are the most popular.

I agree with you on most points. But as for regulations, Cysec, FCA are popular but only for traders who are residing in Europe, so you need a multi regulated broker. supposedly, there this broker fxview they are regulated by Cysec and FCA, so they will accept only EU clients, but for instance, we take Pepperstone they are with ASIC as well, so they can accept Australian clients too and this is how it goes. so before settling for a regulation, make sure it is regulated under your own country's jurisdiction, to be safe.

Choosing the right broker is the most difficult task in this market. There are so many fake brokers in this market. You have to be very careful at the time of choosing the right broker. You can take help from the websites that provide broker reviews.

Choosing a good broker is not an easy task at all. Many traders lose their money because of choosing the wrong broker. So, be careful when you are going to choose a broker for you. You can take help from those websites that provide broker reviews.

Choosing a right broker is very important. Your money will be with the broker. So you need a trusted broker so that your money remains safe. A regulated and licensed broker is a good one to choose. You also need to see their spreads, leverage, margin and deposit and withdrawal facilities.

Choosing a good broker is very important to get trading success. Brokers help a trader to do a lot of securities trading. We should choose a broker that allows the broker to trade with their honesty and friendship activities.

I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.

Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?

Ramierez posted:
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.

Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?

I have used both and they are both good brokers. I would tend to favour FP markets a bit as their swaps seem to be slightly better, but you won't go wrong with either.

Downtobusines posted:
People spend too much time worrying about broker. Just get an ECN broker that has a good rating on MyFXBook. Then focus on trading

There are lot of scam broker in the market. They are stealing money from traders in various way. Don’t you think we should worry about that??

It is good that you have started with a demo account. This is a good start and you can research more for the brokers.