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For new trader, finding a regulated broker is VERY important.
Membro Desde Aug 13, 2021
43 posts
Sep 10, 2021 at 07:49
Membro Desde Aug 13, 2021
43 posts
I saw so much scam in the market. Mt4 is relatively cheap to set up. Just buy up the license from Metaquote and you can start your server.
So, always look into some big licenses to choose your broker such as FCA(UK), ASIC(AUS), CySEC. I have been working to differentiate which is which for years...
This is my only reminder to you all. Spread is very minimal to your profit if you are doing mid-long term trading.
Stability is king
So, always look into some big licenses to choose your broker such as FCA(UK), ASIC(AUS), CySEC. I have been working to differentiate which is which for years...
This is my only reminder to you all. Spread is very minimal to your profit if you are doing mid-long term trading.
Stability is king
Membro Desde Mar 16, 2021
477 posts
Membro Desde Jul 23, 2020
759 posts
Membro Desde Jul 23, 2020
869 posts
Jan 16, 2022 at 12:44
Membro Desde Mar 28, 2021
617 posts
AliaDare posted:A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Jan 16, 2022 at 16:09
Membro Desde Jul 19, 2020
788 posts
RobSchiz posted:You must have a license to trade. This helps us to keep our investment safe. It is easy to invest in a broker's license.AliaDare posted:Yes. I agree with you.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Jan 17, 2022 at 14:04
Membro Desde Jul 19, 2020
788 posts
Akasuki posted:You must have an idea about the regulation of the broker if you want to trade. It is risky to trade in that broker without a license.AliaDare posted:A well-regulated as well as licensed broker can be essential for trading forex online. If not, our funds could be frozen or be swindled.
It is better to choose a licensed broker in trading. There is less chance of getting cheated.
Membro Desde Aug 05, 2021
401 posts
Dec 01, 2022 at 17:42
Membro Desde Aug 05, 2021
401 posts
As someone who has done a ton of research and comparison for different brokers, I have to say that regulation doesn't always equal safety like most believe. If you look into what happened with Veracity (just for one example), you see that the clients got burned and most felt like they were secure because of the regulators. Reviews from real people is always what makes me feel more secure. Also, offshore brokers can be cheaper and usually have much more flexible leverage!
Membro Desde Aug 19, 2022
44 posts
Membro Desde Aug 17, 2022
80 posts
Mar 21, 2023 at 12:15
Membro Desde Sep 02, 2022
16 posts
utraeg posted:Timezone isn't a major issue, you can go for brokers like fxview, tickmill or icmarkets, where they have around-the-clock services, so you don't have to worry about when are they available, mate. You can reach out to them anytime available 24hrs.
I have been looking at a broker in my region(asia), is it sometimes better to go for a same timezone brokerage so that they can offer support and assistance when needed?
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