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Choosing a new broker
Uczestnik z Aug 05, 2019
50 postów
May 18, 2021 at 09:09
Uczestnik z Aug 05, 2019
50 postów
Bradley88 posted:For scalping, the trading conditions favor the most, so you should be looking for tight spreads and lower commission. For instance, try out turnkey forex, their spreads are quite tight and the commission is only $1/100k per side.
I'm new into forex and looking for a broker to go live soon, as a beginner should i look for a broker based on spreads and commission if i want to scalp or based on reviews and leverage ?
Uczestnik z Aug 11, 2017
886 postów
May 19, 2021 at 09:45
Uczestnik z Aug 11, 2017
886 postów
the newcomers should choose the broker which does not restrict any kind of trading techniques with scalping and hedging. generally the scalpers always fall a great trouble when choosing a broker.
Uczestnik z Sep 12, 2017
238 postów
May 19, 2021 at 13:54
Uczestnik z Sep 12, 2017
238 postów
i guess every broker is aware iof this requirement and they have started offering all these conditions and styles.One needs to see how reliable the broker is
Uczestnik z Jul 19, 2020
788 postów
May 19, 2021 at 16:28
Uczestnik z Jul 19, 2020
788 postów
perryjohn765 posted:Yes, your opinion is correct. All brokers know their needs and act accordingly. We need to know how reliable the broker is.
i guess every broker is aware iof this requirement and they have started offering all these conditions and styles.One needs to see how reliable the broker is
Sep 15, 2021 at 00:10
Uczestnik z Mar 15, 2019
82 postów
perryjohn765 posted:
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.
I moved to off-shore about a year ago. We had some new regulations come into place over here in Australia which capped the maximum leverage to 1:30. Apparently it was for 'our own benefit' as they didn't want us to loose our money. Absolute BS. I don't need a government to help me 'stay safe' and protect me from spending my own money.
Moving off-shore was no big deal in the end, I was a little skeptical at first after things I had read, but in fact, the benefits have by far outweighed the perceived 'risks'
All or nothing
Uczestnik z Mar 17, 2021
536 postów
Sep 18, 2021 at 20:41
Uczestnik z Mar 17, 2021
536 postów
Mohammadi posted:Every trader should choose a regulated broker to survive in this market.
the newcomers should choose the broker which does not restrict any kind of trading techniques with scalping and hedging. generally the scalpers always fall a great trouble when choosing a broker.
Uczestnik z Jun 26, 2020
327 postów
Sep 19, 2021 at 07:23
Uczestnik z Jun 26, 2020
327 postów
the traders we have should choose the broker which always ensure security of funds with a wide range of trading technologies.
Uczestnik z Apr 03, 2021
470 postów
Sep 19, 2021 at 23:23
Uczestnik z Apr 03, 2021
470 postów
I already choose the FXOpen broker and I don't think will look for another broker at present time, so far I have good experience with this broker and this is a trusted company in my experience, already more than eight years using service, and most important this company has regulated.
Sep 23, 2021 at 07:03
Uczestnik z Nov 03, 2020
70 postów
FredJones posted:First thing which is an absolute is to check whether that broker is regulated or not. If they are regulated, you are good to go. You can also open the account and try out demo trading to see whether the trading conditions fit your needs for trading. I am giving my personal opinion, I had my account opened with fxview, they are all set with the regulations. Tried out their demo trading and noticed that the spreads are good, so I decided to go live and everything went smoothly for me. And to this day, I am still trading with them. Hopefully, you will be able to find the right broker as well. Best of luck to you.
I'm a newbie with no experience on how to find a reliable and suitable broker. Any suggestions on what type of broker I should use and how to identify if it's reliable?
Sep 30, 2021 at 18:50
Uczestnik z Jun 13, 2020
17 postów
Traders usualy look forward to switching their brokers because of several reasons: current broker is a scam, commissions/spreads are very high, so that a trader gives the major part of their profits to the broker, a trader doesn't like tradig platform which is used by the broker, payment methods are not satisfactory enough, diversity of financial instruments leaves much to be desired.
Uczestnik z Jul 19, 2020
751 postów
Oct 05, 2021 at 15:37
Uczestnik z Jul 19, 2020
751 postów
For new trader choosing a broker is a difficult task. To start with one should first see the broker regulation and license. If the broker is regulated by good authorities, you can go for it.
Uczestnik z Aug 17, 2021
94 postów
Uczestnik z Mar 28, 2021
617 postów
Jan 01, 2022 at 05:40
Uczestnik z Mar 28, 2021
617 postów
Newcomers should choose 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.
Uczestnik z Jul 19, 2020
788 postów
Jan 01, 2022 at 07:43
Uczestnik z Jul 19, 2020
788 postów
AliForexTalks posted:Good idea, if you want to find an ideal broker, you must find these things in the broker's service. And you have to choose a broker that provides spread tight.
Step 1: Ask about the commission split.
Step 2: Evaluate the brokerage culture.
Step 3: Decide between a franchise or independent brokerage.
Step 4: Learn its reputation and niche.
Step 5: Make sure it will offer support.
Uczestnik z Jun 26, 2020
327 postów
Jan 03, 2022 at 09:08
Uczestnik z Jun 26, 2020
327 postów
we the traders should choose the broker which allows all kinds of trading strategies with scalping and hedging. otherwise the trading life could be useless.
Uczestnik z Jun 12, 2021
132 postów
Jan 03, 2022 at 09:36
Uczestnik z Jun 12, 2021
132 postów
the scalpers always fall a great trouble when choosing a broker , because most of the broker right now not allow scalping in their platform.
Uczestnik z Jan 03, 2022
9 postów
Uczestnik z Aug 27, 2017
994 postów
Jan 03, 2022 at 12:15
Uczestnik z Aug 27, 2017
994 postów
the good broker is a broker which for all time make sure security of funds with a wide range of trading technologies, they never restrict any kind of trading techniques.
Uczestnik z Dec 09, 2013
139 postów
Jan 03, 2022 at 15:18
Uczestnik z Dec 09, 2013
139 postów
perryjohn765 posted:Choosing a good broker is crucial for any trader. I would mainly look to get better spread, less commission, quick withdrawal and good customer service. If I do not get them from my current broker, I may switch to one, which ticks most of these boxes.
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.
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