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How to determine whether the platform is safe and reliable?

Dec 11, 2020 at 10:19
Przeglądane 1,569
25 Replies
Uczestnik z Jan 24, 2022   15 postów
May 03, 2022 at 15:26
Agree, though the demo will not tell you how to process the emotions but it gives the gist of the brokers’ trade execution speed and spreads in volatile sessions. I never trade directly in the live market when switching to another broker. Recently I have shifted myself to fxview after testing it on demo for a few weeks.
Uczestnik z Aug 05, 2021   401 postów
May 20, 2022 at 16:02
I like to read reviews from real people on multiple different sites and on Facebook as well. Seeing what real world traders think about a broker is so much more important to me than reading articles that may lean in one direction or another based on their affiliation with or against said broker. If you notice red flags, like a lot of complaints about withdrawal problems, then it's easy to know that you need to stay far away.
Uczestnik z Sep 02, 2020   14 postów
May 28, 2022 at 20:52
there are some tips how to determine a reliable platform.

firstly, start off with the broker, check all the regulations, licenses, certifications, maybe awards. don't regret the time on checking this information as it's fundamental thing for determining a proper broker. get acquianted with the customer support team, as a rule reliable brokers always concern about their customer support, because this team is liable for keeping traders' funds safe.
secondly, you should try it out. observe the broker's website, check the FAQ section, look through the platforms and conditions, then open a demo account. in fact, the only thing you have to do is just to try trading on demo.
so, if you were convinced n the reliability of the broker, try various indicators, lines on the platform and if there are no delays and the platforms works properly, then congrats you have found a good trading platform =)
Uczestnik z Jun 06, 2022   14 postów
Jun 07, 2022 at 02:05
Been using Oanda for over seven years, they're fantastic!
Protect against loses and the profits take care of themselves.
Uczestnik z Jun 02, 2022   32 postów
Jun 21, 2022 at 07:40
3 things to check in a broker to determine its reliability - regulations, quick withdrawals, and customer support. And in my experience so far, I found aaafx, avatrade and xm fulfilling these criteria.
Uczestnik z Jul 13, 2022   32 postów
Jul 29, 2022 at 09:03
Before using a live account, a demo account should be used to determine the platform's dependability.
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