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How to choose a regulated forex broker?

Grole
May 28 2020 at 15:41
27 комментариев
As far as I understand, the company is obliged to provide license numbers with reference to the regulators. it can be easily checked in just a few minutes on specialized sites. If everything is OK, you can work, if not - you should look at the company more seriously, there may be problems.

Gracewilson1995
May 29 2020 at 08:37
147 комментариев
Choosing a right broker is very important in forex market as it is a decentralised market. While choosing a broker, we must check the broker is A book or B book.So, I personally think one should STP brokers. After checking the broker type, the most important thing to be checked is the Spreads broker is providing along with the commission charged on the trades. We should look for a broker who provides raw spreads along with ULTRA LOW commission as it is the rare combination available and are the best kind of brokers.

FundsProManager (TraderProHungary)
May 29 2020 at 21:06
83 комментариев
Check here for broker review

Poolut
May 30 2020 at 15:56
18 комментариев
If the broker is regulated, you will see all the documents with all the confirmations, etc., which can be checked through official sources. And you just need to be more careful about what you use and how.

Justin990
Jun 01 2020 at 10:37
21 комментариев
I would choose a broker who has been in the forex broker business for a long time at least a minimum of 5 to 6 years and should be a reputable broker.

The broker should be regulated and have reasonable pricing and trading conditions.

FuYating
Jun 01 2020 at 11:54
11 комментариев
Always good double double check their regulation,. Do not just take the brokers claims on the website. Check the regulatory authority as well

Adribaasmet
Jun 02 2020 at 17:51
987 комментариев
you 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.

Brick_56
Jun 03 2020 at 12:34
38 комментариев
For brokers, I seek three things: regulations, trading conditions and pricing. I don't see any point to trade with brokers if these three things does not meet.

I have opened some accounts over years and have split the funds to few brokers, not to mention I'm still very open to competitive broker be it old or new. Currently my main accounts in order including pepperstone, hotforex, IG, fxview. It's possible to find good broker for yourself if you're good in online research, and try to avoid following popular suggestion, my piece of advice.

Mohammadi
Jun 03 2020 at 14:34
886 комментариев
when choosing a broker first of all we the traders have to make sure the lowest trading spreads, because the trading spreads can affect the result of our trading with certainly and from all trading instruments spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.

Keaton Richards (keatonrichard)
Jun 18 2020 at 13:06
30 комментариев
Having a reliable expert advisor will be highly knowledgeable and would help you make the right decision, considering the current situation and the future aspects.

Kazile
Jun 18 2020 at 13:36
119 комментариев
It seems to me that you just need to look at the conditions that are offered by the broker.

Johannes (Johannes92563)
Jun 18 2020 at 13:38
12 комментариев
If the broker is regulated, you will see all the documents with all the confirmations, etc., which can be checked through official sources. And you just need to be more careful about what you use and how

Mohammadi
Jun 19 2020 at 12:58
886 комментариев
In Forex trading first of all we the traders have to make sure a reliable support from a credible trading broker , because the trading 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; the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

Russel Gutierrez (russellgutierrez)
Jun 19 2020 at 13:17
56 комментариев
Based on reviews of the regulated brokers is one way to choose a broker. Pricing, trading conditions and regulation is what matters the most to a trader. Once you have few of the brokers in your mind, make a demo account and test the broker. However, some of the good regulated brokers that you can consider are Fxview, XM and Oanda.

They provide good conditions and are economical.

Roberto21
Jun 19 2020 at 17:08
364 комментариев
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.

Jeannette Bishop (jeannettebishop)
Jun 26 2020 at 12:11
14 комментариев
Anyone who is into forex trading would someday require the support of a forex broker. But that’s not the issue, the issue is finding a good regulated broker. It took me some time till I got along with Turnkey Forex, XTB and Fidelity and these brokers proved to be my best decision. I found these brokers to be highly secure with suitable brokerage. Not only this, I never had to deal with any trouble or waiting time for the deposit or withdrawal.

Ebin
Jun 29 2020 at 11:17
36 комментариев
Can we choose a broker based on only rating and reviews or is there any other factors to choose a good regulated broker.


marco_mmbiz
Jun 29 2020 at 15:23
366 комментариев
Always have a look on the broker's regulation, and do your research first. If a broker has more than 2 reliable regulations then it might be a good one. But always do your research first; don't believe what is written on any broker's webpage. Do your research with their company names and license numbers first.

Good brokers have an ASIC (for Australia), CySec (for Europe), NFA (for USA), ICB (for Ireland), BaFin (for Germany), FinMa (for Switzerland), IFSC (for offshore), FCA (for UK) regulation. I'd not trust any other brokers/'regulations' out there (there might still be some other good local ones, but I don't need them, that's why I don't look after such brokers with other regulations, most of them are still suspicious).

I even don't care about spreads, commissions and stuff, as long as they are not too high, as long as my TP's are hit and as long as my deposits and withdrawals are all fine.

marco_mmbiz
Jun 29 2020 at 15:40
366 комментариев
Ebin posted:
Can we choose a broker based on only rating and reviews or is there any other factors to choose a good regulated broker.


The broker should have a regulation in your residential area. Otherwise you can get some serious problems (e.g. with withdrawals).

James Con (realprofitea)
Jun 30 2020 at 06:53
7 комментариев
You may have great forex strategies, but if your broker runs off with your money, all your hard work & analysis was for blank. So end up with the right broker that meets your needs.

1. Consider Your Needs
2. What the Broker Should Offer
3. Personally Test out the Broker

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