To use chat, please login.
Back to contacts

Choosing the Right Broker

Jan 13, 2016 at 11:26
9,544 Views
272 Replies
Biedrs kopš   994 ieraksti
Sep 12, 2018 at 11:34
Hey mate, are you a news trader? Or, are you active on the high voltage news session like FOMC,NFP??
Sep 12, 2018 at 13:45
Adribaasmet posted:

Hey mate, are you a news trader? Or, are you active on the high voltage news session like FOMC,NFP??

Nah, not much of a news trader. A bit of scalping here and there. I also toyed with a bit of latency trading(HFT).
Wealth Creation Through Technology
Biedrs kopš   18 ieraksti
Sep 25, 2018 at 07:45
Mostly I care about exchange access and real spreads.
If you want the currency we got the advantage.
Biedrs kopš   2 ieraksti
Sep 25, 2018 at 14:10
If anyone is interested, we wrote a really detailed guide on how to find a good forex broker.

https://groundfinance.com/choose-forex-broker-ultimate-guide/

Good luck to finding a good broker and stay safe!
Oct 01, 2018 at 10:32
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms
Biedrs kopš   23 ieraksti
Oct 01, 2018 at 14:50
JamesAnderson posted:
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms
- Regulation
 - Location
 - Broker type (DMA, STP, MM, ECN etc)
 - Feedback and reviews of the broker
 - Minimum deposit and withdrawals
 - Negative balance protection

P.S - The broker having any kind of Bonus scheme is almost certain that this broker is a Market Maker (A.K.A Dealing Desk) and is not going to let you withdraw your money. -> scam.
Biedrs kopš   718 ieraksti
Oct 07, 2018 at 05:54
JamesAnderson posted:
Check these points before choosing right brokers

- Forex Account Types
- Forex Broker Types
- Customer Service
- Deposit and Withdrawal Methods
- Forex Bonuses
- Margin Call and Leverage
- Quick Response Time
- Transaction Costs
- Trading Platforms

I think, regulation & transparency is also important issue, so please add this point on your list! Thanks.
Biedrs kopš   2 ieraksti
Oct 10, 2018 at 06:14
Regulation only matters if it actually has any power. Small tax-havens and island countries have regulators, but if you get scammed you actually are never going to see your money again.
Biedrs kopš   886 ieraksti
Oct 14, 2018 at 06:02
The trading spreads is a big deal when choosing a broker, despite of good trading knowledge that’s not possible at all to lead a successful trading life if you don’t have a comfortable trading spreads. now I am looking for lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Biedrs kopš   785 ieraksti
Oct 16, 2018 at 06:04
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And EarnForex and Babypips can be a great source to find a right broker nowadays.
Biedrs kopš   886 ieraksti
Oct 16, 2018 at 13:07
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.
Biedrs kopš   41 ieraksti
Oct 16, 2018 at 14:02
To find the right broker always consult some experienced person and try out their demo account first.
Biedrs kopš   8 ieraksti
Nov 06, 2018 at 11:22
Choosing the right broker can be a very difficult task. I’ve been in that stage myself. After reading the reviews online I tried out coinexx. Really liked them, easy and quick transactions and best of all low spreads. You can try reading online reviews to different brokers and try their demo accounts to see who stands up for your trading standards.
Biedrs kopš   9 ieraksti
Nov 07, 2018 at 11:43
Has someone traded with BlackBull markets? I read this review...

https://groundfinance.com/blackbull-markets/

...and it seems they should be a good choice. Has anyone got experience with them? Looking mostly to news trade and scalp small timeframes.

Biedrs kopš   19 ieraksti
Nov 08, 2018 at 12:44
Nice broker can be only personally adviced. When I looked for a broker I didn't read any reviews, I just asked my friends and collegues who known in forex. They help me to choose the broker and I use it.
Biedrs kopš   886 ieraksti
Dec 07, 2018 at 09:23
Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,
Biedrs kopš   2 ieraksti
Dec 07, 2018 at 10:38
Hey there!! Tell me please about the criteria of good broker. How to understand borker is really good and legal
Biedrs kopš   785 ieraksti
Dec 14, 2018 at 11:41
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
Biedrs kopš   886 ieraksti
Dec 16, 2018 at 09:05
Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,
Biedrs kopš   11 ieraksti
Dec 16, 2018 at 09:28
Good criteria are below....

Low spreads

Low deposit / with drawl fees

Regulated

Broad range of markets

Trading platform (e.g. MT4)
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.