Choosing the Right Broker

Jan 13, 2016 at 11:26
10,786 Zobrazení
272 Replies
Členom od Aug 22, 2019   1 príspevkov
Aug 22, 2019 at 07:32
I have traded with many brokers and I can surely say that the choice of broker is a personal thing based on trader's strategy, preferences etc. For me the most important part is good fast execution without manipulations from broker side, reasonable spreads and fast payment methods. I don't advise to run for low spreads, usually when spread is very low there will be high commissions and not good execution of trades. I feel comfortable to trade with STP DMA broker with fixed spread and without hidden charges
Členom od Aug 27, 2017   994 príspevkov
Aug 25, 2019 at 16:15
Peter67 posted:
I have traded with many brokers and I can surely say that the choice of broker is a personal thing based on trader's strategy, preferences etc. For me the most important part is good fast execution without manipulations from broker side, reasonable spreads and fast payment methods. I don't advise to run for low spreads, usually when spread is very low there will be high commissions and not good execution of trades. I feel comfortable to trade with STP DMA broker with fixed spread and without hidden charges

Fast execution is also my priority! Actually; I think, trading with a regulated broker is obvious; since market maker brokers are the scammers mainly!
Členom od Aug 11, 2017   886 príspevkov
Aug 28, 2019 at 08:56
The broker can affects the result of our trading with certainly , that’s why choosing a broker should be in cool mind, please don’t choose a broker in an emotional state, we the traders should choose the 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.
Členom od Apr 18, 2017   718 príspevkov
Aug 28, 2019 at 16:12
Vanquish posted:
pick a broker from iMetaTrade and you get free EA's, Indicators and Ebooks from their database!

What’s the value of free trading EA? Would you please explain……
Členom od Aug 11, 2017   886 príspevkov
Sep 07, 2019 at 08:04
I could not recommend at any brokers which I have not used or verified. Because by and large are found to be scams. As a newcomer I think the traders who are particularly beginners have to choose the broker that is more appropriate to the concept of trading that will be used, we the traders who are particularly scalpers have to choose the broker that allows trading concept such as this.
Členom od Aug 11, 2017   886 príspevkov
Sep 08, 2019 at 06:17
Broker is a big deal when it is time to make sure a successful trading life, because the 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, if you love doing scalping should choose the broker which allows trading concept such as this.
Členom od Aug 05, 2019   50 príspevkov
Sep 13, 2019 at 04:58
Choosing the right broker is an important decision while investing in the stock market. It is crucial to deal with the right broker in order to optimize returns. What i look for in a broker is that he must be providing a good interface. He needs to have a well designed interface that makes it easy to navigate the website and stable trading platforms to buy and sell stock.
Členom od Aug 11, 2017   886 príspevkov
Sep 14, 2019 at 11:16
In Fx trading choosing a broker should in cool mind. Please don’t choose a broker in an emotional state because most of the brokers are found to be scams. And despite of good trading knowledge that’s not possible at all to make profit constancy without a reliable support form a reliable broker.
Členom od Aug 11, 2017   886 príspevkov
Sep 18, 2019 at 17:14
It would be better , if we get real trading facilities from our brokers as like superior execution , security of funds at any kinds of investments , low transaction cost , easy withdrawal system without long time process, free demo trading , active customer services , exclusive educational facilities , lowest trading spreads , usable bonus offer and much more that are very supportive to lead a comfortable trading life with certainly.
Členom od Jun 29, 2019   65 príspevkov
Sep 20, 2019 at 10:10
With a leveraged position, a Forex trader magnifies the potential gains from any price movements, however, as we know, losses are magnified by the same degree. My broker ForexChief help their client to use leverage intelligently to earn big money. Therefore, the best time to trade is when the market is the most active and biggest volume of trades. They also providing their clients the right time to trade. They are the one who gave me every possible support to be a better trader.
They have several types of trading platforms also account types are so well to choose for. Also, they have free signals also their analysis charts and patterns are the best for predict the market condition. Love to trade with them.
Členom od Apr 18, 2017   718 príspevkov
Sep 21, 2019 at 14:45
Mohammadi posted:
It would be better , if we get real trading facilities from our brokers as like superior execution , security of funds at any kinds of investments , low transaction cost , easy withdrawal system without long time process, free demo trading , active customer services , exclusive educational facilities , lowest trading spreads , usable bonus offer and much more that are very supportive to lead a comfortable trading life with certainly.

It would be really great; but we should be realistic based on their business point of view for sure!
Členom od Aug 11, 2017   886 príspevkov
Sep 22, 2019 at 18:52
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Členom od Apr 18, 2017   920 príspevkov
Sep 25, 2019 at 13:52
Mohammadi posted:
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

If you are trading with a market maker but low trading spread; that means nothing to me!
Členom od Aug 09, 2017   785 príspevkov
Oct 22, 2019 at 08:28
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Členom od Aug 27, 2017   994 príspevkov
Oct 28, 2019 at 15:07
Imamul posted:
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

On the other hand; hidden charge is very critical issue; traders should count the facilities so carefully! Because, market maker brokers are very available!
Členom od Jul 09, 2019   38 príspevkov
Nov 08, 2019 at 12:05
Imamul posted:
In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
True, I chose to trade with my broker Turnkeyforex out of this very concern only. Spreads are the main and with this broker, they go as low as 0.2 pips.
Členom od Aug 11, 2017   886 príspevkov
Nov 11, 2019 at 07:27
i think the broker which always ensures security of funds, lowest trading spreads, low transaction cost, easy withdrawal system without long time process, active customer services, free demo trading, superior execution and much more real trading facilities that are very supportive to lead a comfortable trading life with certainly.
Členom od Jul 12, 2018   19 príspevkov
Nov 13, 2019 at 09:24
Roberto21 posted:
 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.
Yeah forums could be really helpful in finding a right broker, I got to know about my current broker coinexx from babypips only and they are indeed good, specially with their spreads and commissions.
Členom od Aug 11, 2017   886 príspevkov
Nov 15, 2019 at 06:33
Broker is a very sensitive issue here! According to my 4 years trading experience, only regulated Forex brokers are reliable to use! So, traders need to select their trading platform based of regulation status of Forex brokers!
Členom od Apr 18, 2017   920 príspevkov
Jan 03, 2020 at 14:18
Roberto21 posted:
brokers can affect the result of our trading with certainly ,
 so choosing a right broker is very important task.

On the whole, market maker brokers do so; but transparent brokers always ensure traders capital security!
You must be connected to Myfxbook in order to leave a comment
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
Tip: Uverejnením adresy URL obrázku /služby YouTube sa automaticky vloží do vášho príspevku!
Tip: Zadajte znak @, aby ste automaticky vyplnili meno používateľa, ktorý sa zúčastňuje tejto diskusie.