How to choose a regulated forex broker?

Nov 06, 2018 at 07:50
6,569 Visa
111 Replies
Medlem sedan Nov 06, 2018   10 inlägg
Nov 06, 2018 at 11:21
First step in choosing a good broker is looking at the 'Broker Spreads' section of myfxbook. Check our the top 10 with lowest spreads and find the ones that have decent regulation.
Medlem sedan Aug 11, 2017   886 inlägg
Nov 18, 2018 at 09:52
Choosing a broker is a dedicated decision, so it should be in cool mind. If you choose broker with an emotional state, there is a chance to choose wrong something.
Medlem sedan Aug 27, 2017   994 inlägg
Nov 19, 2018 at 11:02
Dostiev posted:
First step in choosing a good broker is looking at the 'Broker Spreads' section of myfxbook. Check our the top 10 with lowest spreads and find the ones that have decent regulation.

It’s a good idea! But we should aware of others technical issue as well before investing our own capital.
keeping patience.......
Medlem sedan Aug 11, 2017   886 inlägg
Dec 22, 2018 at 13:34
The best broker is a broker which for all time makes sure security of funds at any deposits with a wide range of trading technologies. And any best broker does not restrict any kinds of trading techniques with scalping and hedging.
Medlem sedan Apr 18, 2017   718 inlägg
Dec 23, 2018 at 07:59
Mohammadi posted:
The best broker is a broker which for all time makes sure security of funds at any deposits with a wide range of trading technologies. And any best broker does not restrict any kinds of trading techniques with scalping and hedging.

Maybe, it’s their business model (even many brokers don’t accept retail amount) but ensuring the capital security is the key point. On the other hand, quick withdrawal service is also an important issue.
Medlem sedan Sep 09, 2015   11 inlägg
Dec 23, 2018 at 08:29
it's good to choose with FCA compliance
Joha AL fath
Medlem sedan Apr 18, 2017   718 inlägg
Dec 24, 2018 at 07:31
joha51 posted:
it's good to choose with FCA compliance

Yes it is! But the issue is; a number of new traders don’t know the criteria of choosing a Forex broker. They are mainly focusing on big bonus & leverage feature instead of real things.
Medlem sedan Aug 11, 2017   886 inlägg
Mar 06, 2019 at 19:49
In Fx trading, Choosing a right broker is very difficult task, because there are almost thousands broker in online retail Fx market and most of them are found to be scams. Regulated trading broker can be a great choice which for all time makes sure security of funds at any deposits with a wide range of trading technologies.
Medlem sedan Feb 16, 2019   30 inlägg
Mar 10, 2019 at 08:00
Interesting to read other peoples opinions on this
Medlem sedan Feb 08, 2019   213 inlägg
Mar 11, 2019 at 07:23
I generally do a lot of searches on Facebook and Google and come to my own opinions. Regulation is good but if you want a good leverage sometimes you have look elsewhere..
Medlem sedan Jan 31, 2017   204 inlägg
Mar 14, 2019 at 14:41
I traded with many different brokers and I was never in trouble with FCA regulated ones.
Trading system developers and strategy providers.
Medlem sedan Mar 14, 2019   11 inlägg
Mar 15, 2019 at 08:10
Treeny posted:
I generally do a lot of searches on Facebook and Google and come to my own opinions. Regulation is good but if you want a good leverage sometimes you have look elsewhere..

Most regulated broker at best 1:50 now days. That is too low to make any serious money. Not worth the effort. Unregulated is risky but if you keep account size small and regularly withdraw then it should be ok. Some still offer 1:1000 leverage
Medlem sedan Aug 11, 2017   886 inlägg
Mar 16, 2019 at 09:40
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.
Medlem sedan Apr 18, 2017   920 inlägg
Mar 19, 2019 at 15:02
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.

Yes, trading spread is one of the most important trading feature to the traders! By the way, for me fair market movement is the main consideration.
Medlem sedan Aug 27, 2018   9 inlägg
Mar 24, 2019 at 07:06
Try and Aussie broker. They are regulated and offer high leverage. Hugos's way sounds a bit dodgy to me. Better to use a big name broker if you can
Medlem sedan Apr 18, 2017   920 inlägg
Mar 26, 2019 at 06:48
Augusto84 posted:
Try and Aussie broker. They are regulated and offer high leverage. Hugos's way sounds a bit dodgy to me. Better to use a big name broker if you can
What’s the condition on FPA review site of this broker? I checked but didn’t find the name.
Medlem sedan Mar 14, 2019   11 inlägg
Mar 27, 2019 at 11:47
I have used Forex.com ,I thought they were perfectly fine. Spreads a little high sometimes but other than that they were a standard broker. I did not have any problems
forex_trader_578006
Medlem sedan Nov 11, 2018   9 inlägg
Mar 28, 2019 at 07:41
I am using pepperstone and gomarket, good support, recommended
Medlem sedan Apr 18, 2017   920 inlägg
Mar 28, 2019 at 12:19
edisoho posted:
I am using pepperstone and gomarket, good support, recommended

How many years you have been using this Forex broker? In addition, are you a scalper?
Medlem sedan Feb 08, 2019   213 inlägg
Apr 14, 2019 at 08:44
Not so sure about Pepperstone these days....
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