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What safety measure I need to take before choosing any forex broker?

Marshalsam877
Jan 04 at 13:37
23 โพสต์
I think the most important thing to look at is the reputation of the broker. In my opinion you should only trade with big guns such as interactive brokers or schwab.

Josuvaphilip
Jan 05 at 12:57
27 โพสต์
Marshalsam877 posted:
I think the most important thing to look at is the reputation of the broker. In my opinion you should only trade with big guns such as interactive brokers or schwab.

What about their big trading fees, I feel they aren't suitable for all kinds of traders, especially the new ones who would be better off with a broker that requires low deposits and offers a simpler interface.

advancedsmifser
Jan 06 at 13:16
35 โพสต์
Johnathankim posted:
You should look at broker reviews, I always do that before choosing a new broker for trading. Forex peace army is good for genuine reviews.

I agree with all reviews not being genuine, like the broker comparison sites. But fpa reviews are generally good.

Joz8
Feb 20 at 05:32
102 โพสต์
advancedsmifser posted:
Johnathankim posted:
You should look at broker reviews, I always do that before choosing a new broker for trading. Forex peace army is good for genuine reviews.

I agree with all reviews not being genuine, like the broker comparison sites. But fpa reviews are generally good.

Agreed, FPA is a good site, even I scroll that one when researching about a broker.

KenAdams
Feb 25 at 12:45
40 โพสต์
Josuvaphilip posted:
What about their big trading fees, I feel they aren't suitable for all kinds of traders, especially the new ones who would be better off with a broker that requires low deposits and offers a simpler interface.

Agree with you on this. But there are many reputed brokers around that have quite low minimum deposit requirement like fxview, xm, hotforex and many more.

lovefortrading (perryjohn765)
Mar 02 at 06:18
238 โพสต์
first thing is regulation and broker type..one needs to be aware for how long is the broker functioning and is it reliable or not..

ivanstephens
Mar 23 at 05:07
13 โพสต์
This manual system reminds me of my trades a few weeks back. Good work with this!

patriciablack
Apr 06 at 04:35
21 โพสต์
You can look at spreads, regulation, commissions and trading conditions to see if a broker meets your requirements.

Albert Zieba (Master_Z)
Jun 28 at 09:48
7 โพสต์
Searching for information on a forum with reviews will not hurt you in any way, it is always good to do it. Watch overview videos on YouTube from popular bloggers. Try to trade the minimum deposit to test the broker's conditions.

Tremblay
Jun 29 at 06:51
330 โพสต์
Marshalsam877 posted:
I think the most important thing to look at is the reputation of the broker. In my opinion you should only trade with big guns such as interactive brokers or schwab.

Yes. You are right. this is the most important thing.

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