Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept as this. from all trading strategies scalping is more profitable , but in spite of a profitable trading policy scalping cannot use in a regulated trading broker due to many restrictions.
Mohammadi posted: Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept as this. from all trading strategies scalping is more profitable , but in spite of a profitable trading policy scalping cannot use in a regulated trading broker due to many restrictions.
Yes, I see there have few brokers who are not accepting scalping trading strategy! By the way, before selecting any Forex broker; we have to read their terms & conditions so keenly.
From my experience no matter what other people say or trying to promote some really bad brokers I would say that this is really eToro, I remember promoting them in CPA networks and getting really really good profit, so they are converting for registrations and something else.
In addition to all the usual parameters of evaluation of a 'regular' broker, I would you suggest you look in particular at the (1) cfd spread of BtcUsd, the (2) leverage for Cryptos, and (3) Swap rates
(1) Regarding spread (crypto cfd's): If you do not see the spread (bid/ask) listed on their website, as it is the case most often, call an agent and ask it real time and write it down somewhere (ask&buy prices that is). Then call another broker and be amazed to see that the other one is half (or double) of the previous one.
(2) Regarding leverage: Even if a 1:1 leverage is plenty already to blow your account, you should look for a broker that has higher leverage in case you trade other instruments like forex. Why? Since a crypto trade account is often a separate account from the others, you do not want to 'park' too much of your total account size there. Put enough into that crypto account to trade it, and keep the rest in a 'regular' trading activity account like forex.
(3) Swap rates: Unlike a forex pair such as EurUsd that have you pay or receive Swap amounts depending if you are long/short, Cryptos don't pay interest and the brokers take good advantage to arbitrary decide on some hefty swap rates if you hold the crypto trade a few days. Ask them what are the Swap rates, very few customers do!!
The fact is that most crypto brokers simply tell you which crypto pairs they offer and the leverage so that they can get customers excited. Other quantitative information that really works in disadvantage of the customer is seldom displayed on the website. Have a full picture before opening a new account. Good luck.
Care to share what exactly do you really mean by this ? Cause it's somewhat out of my mind anyway. I do understand what is crypto broker and what is forex broker and maybe something else. But you want them all combined or how ? Do let me know.
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