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Choosing the Right Broker

ele020 (ele020)
Jan 22 at 09:26
144 poster
Andronn posted:
Trust in a broker who has been on the market for more than 5-7 years, of course, more because there is confidence that such experience is earned on good terms

That is correct. A broker who has been in the market from quite a long time has genuine history which is required to check the worthiness of the broker. A trader can know more via reviews, news, ranking etc. of that particular broker.

The more your practice, the more you learn.
perryjohn765 (perryjohn765)
Jan 25 at 03:37
149 poster
why always the old broker in this way we can ignore a new broker with good offering..a research is imp.. an old broker with a good name might not fulfil everybody's trading conditions.

MichaelEX
Feb 02 at 09:59
48 poster
The first and most important thing we should check is the regulation of brokers.
Also, before choosing any broker for making investment be knowledgeable about various fees charged to get the services offered by that particular broker.

Alberncon
Feb 03 at 11:47
8 poster
I'm currently looking for a reliable broker with ASIC or FAC regulation with tighter spreads and lower commission. Anyone currently trading with such a broker?

GordonDenzil
Feb 11 at 14:46
18 poster
'I agree with Elena Triston; an older broker is much more reliable than brokers that have just developed in forex. A more senior broker gives traders the confidence and security that they invested capital is safe and in good terms.

For example, I trade with FP Markets an ASIC regulated broker that has been active since 2005, I've been trading with them for close to a year and did not come across any major issues with withdrawals or during trading live.'

waspbelt
Feb 18 at 05:26
12 poster
Yes, there are so many scammers that it becomes difficult for new traders to identify the legit brokers from them.

AurelieFrancis
Feb 18 at 13:36
14 poster
What should a beginner looking for in a broker for live trading?

perryjohn765 (perryjohn765)
Feb 18 at 13:57
149 poster
regulated and ECN. the best combo in a broker.

Gergo_01
Feb 20 at 06:24
20 poster
Alberncon posted:
I'm currently looking for a reliable broker with ASIC or FAC regulation with tighter spreads and lower commission. Anyone currently trading with such a broker?

Check fxview. Spreads are tight and they are regulated with FCA/Cysec. For commission, all they charge is $2/lot rt.

AmDiab
Feb 21 at 09:27
718 poster
newcomers 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.

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