What do you expect from a broker?

Nothing much from my broker, everything is fine with them but being more materialistic expecting some more reward points to appear on my fxview dashboard to have a smart watch. And for this I need to get back to the grindstone. :D

There is a difference between what I expect (slippage, high spreads at night, bad customer service) and what I want..

Choosing a good broker is the most integral step for any trader. A good broker provides tight spreads, easy trade execution, solid trading platforms, easy contact to the broker, etc.

LyudmilLukanov posted:
Choosing a good broker is the most integral step for any trader. A good broker provides tight spreads, easy trade execution, solid trading platforms, easy contact to the broker, etc.

Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.

I expect good trading conditions and excellent customer service. So far the best I have found is coinexx.

Decent trading conditions, customer service and quick withdrawals. I hate waiting for my money.

The only thing I expect from any broker is to be genuine. I expect it not to cheat me. I want it to let me withdraw my earnings. That’s all I want from any broker. I don’t expect any special offers. I can do without them.
I’m afraid of scam brokers. I don’t want to lose money for non-trading reasons. I hope that the availability of a license absolutely excludes the most negative scenarios.

I start by checking their website to make sure that it's transparent and that I can find all the information I need easily. Then I check costs including spreads, commissions, deposit/withdrawal fees, and look through their terms & conditions to see if there are any hidden fees for account maintenance, inactivity, etc. Next, I make sure they have a good selection of assets for trading and use a platform I like. Finally, I make sure that they have easy to reach customer support. If they offer LiveChat, I always test it out because some brokers advertise this when you can really only chat with a bot or nobody is ever online. I don't really care much about bonuses because I feel that is often there to distract you from some unfavorable terms elsewhere.

I generally expect tight spreads, low commissions, fast execution and easy withdrawals from brokers and am satisfied with TurnkeyForex for that matter.

Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.

Your wish just came true. :D They are offering cryptos now.

Daxton posted:

Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.

Your wish just came true. :D They are offering cryptos now.

Have you traded, how’s the spread?

Nathan_Han001 posted:

Daxton posted:

Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.

Your wish just came true. :D They are offering cryptos now.

Have you traded, how’s the spread?

Yeah I have tried my hands on BTCUSD and got to see spreads between 15-20 pips.

Why is spread important sir?

Because it is the amount of interest you pay the broker for each transaction, Whether or not your trading system is spread sensitive