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How can we find a reliable platform?

Oct 03, 2018 at 11:54
2,476 Views
62 Replies
Biedrs kopš   37 ieraksti
Jan 07, 2021 at 04:15
I look for the fees and being a scalper, it is the one of the few things I want in a platform. I go with low cost brokers.
Biedrs kopš   35 ieraksti
Jan 07, 2021 at 08:22
inspirenez posted:
Mikehussey posted:
Cordawield posted:
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.
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.
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.
I also trade with Fxview. They really offer some tight spreads on ECN. IC Markets has good trading conditions too. I’m using these two brokers right now and they are regulated which is really important for me.
Biedrs kopš   27 ieraksti
Jan 12, 2021 at 08:52
That is right. A lot of things need to be considered like the commission fees, spreads, regulation, trading conditions etc.
Biedrs kopš   25 ieraksti
Feb 09, 2021 at 10:00
That is right. Make a detailed analysis of their services, conditions, spreads, withdrawals, payments, platforms, etc. These are quite important while selecting a broker. Some people even look for regulation.
Biedrs kopš   55 ieraksti
Feb 10, 2021 at 10:38
This is how I chose the Amarkets broker. I made a deposit of $ 100, the minimum tested it, tried to trade the withdrawal of funds, sang, everything suited me, so I work with him.
Biedrs kopš   10 ieraksti
Feb 10, 2021 at 10:48
IC are what most pro traders use. Solid broker with good spreads etc and regulated in australia
Biedrs kopš   110 ieraksti
Feb 18, 2021 at 09:01
Regulations and licences are the first thing to check out. Cross check on the website to see if they are really regulated or not.
Biedrs kopš   112 ieraksti
Feb 22, 2021 at 14:25
Platforms that have been on the market for a long time, and I have more confidence than everyone else, because they held out if there was something wrong.
Biedrs kopš   15 ieraksti
Feb 24, 2021 at 05:27
Yes, looking for a regulated broker that has a reputation can be a good thing for a trader. You have shared some very good suggestions. Thanks.
Mar 03, 2021 at 06:57
For choosing a reliable platform, one needs to see features like one-tap trading, types of technical indicators, 9-time frames, compatibility with a broker and the market theatrics, different execution modes and others.
Mar 03, 2021 at 16:47
epeepillock posted:
Yes, looking for a regulated broker that has a reputation can be a good thing for a trader. You have shared some very good suggestions. Thanks.
There are many sites which offer broker rating based on user rating.
Elena Triston (ele020)
Biedrs kopš   219 ieraksti
Mar 04, 2021 at 06:03
LyudmilLukanov posted:
epeepillock posted:
Yes, looking for a regulated broker that has a reputation can be a good thing for a trader. You have shared some very good suggestions. Thanks.
There are many sites which offer broker rating based on user rating.
This comparison website is good.. You can use it for your reference https://comparebrokers.co/compare/united-kingdom-brokers/
The more your practice, the more you learn.
Biedrs kopš   19 ieraksti
Mar 05, 2021 at 11:05
turnipfollow posted:
That is right. A lot of things need to be considered like the commission fees, spreads, regulation, trading conditions etc.
Totally agree. This i what i looked for in my broker before signing up with them. Luckily, all going good so far. Not an easy task to choose a broker tho.
Biedrs kopš   78 ieraksti
Mar 06, 2021 at 12:24
The simpler and more convenient the platform and the more functionality it contains, the easier it is to work with it.
Biedrs kopš   46 ieraksti
Mar 14, 2021 at 10:37
For me, the important points were when choosing a broker, these are spreads, payment system and the work of managers, I found all this in Amarkets and so far I have no complaints.
Biedrs kopš   536 ieraksti
Sep 04, 2021 at 08:24
Aurisida posted:
For me, the important points were when choosing a broker, these are spreads, payment system and the work of managers, I found all this in Amarkets and so far I have no complaints.
Yes. Choosing a good broker is very important in this market.
Biedrs kopš   617 ieraksti
Sep 06, 2021 at 09:46
Choosing a good broker is very important. With bad broker you can face many problems. So before choosing a broker, do some research on it.
Biedrs kopš   10 ieraksti
Nov 12, 2021 at 12:55
You can find a reliable broker only by your own efforts. It's pretty difficult, I know, but it will gain you experience and it will let you know hat do you need from your broker. You will choose various brokers and you will understand what you like in this broker and what you dislike in this broker, There are no other ways actually. No doubts, that you can ask on forums like this one to advice you a ood broker, but you should understand that every trader is individual and every trader needs particular conditions, which are provided by certain brokers.
Biedrs kopš   20 ieraksti
Feb 23, 2022 at 12:49
Finding a reliable broker is not difficult since there are numerous options and a lot of data available to know whether a broker is worth trying or not. You only need to research properly. Be patient and explore as many options as you can. I started looking for brokers when I was only learning and by the time I was ready to trade live, I had a very clear choice and opened an account with finprotrading.
Biedrs kopš   10 ieraksti
Aug 27, 2022 at 19:28
Your reliable platform must meet certain global standards.
It should have all the necessary analysis and trading tools and I think you know what I mean.
- A lot of indicators;
- a wide choice of timeframes;
- many assets of all kinds;
- user-friendly interface;
- high level of protection;
In addition, it is important to be able to open orders quickly to avoid slippage.
We know there will be slippages, but we have to make them as small as possible.
Also pay attention to the execution of orders. It is important that it would be NDD. It has to be an ECN broker.
In this case you are really working on the open market!
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