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Eino (icepower72)
Aug 17 2017 at 09:59
13 โพสต์
@Jits2020 as vontogr said, it is much more important not the platform but the execution. I agree on this point. Best broker has nothing to hide from the traders about the execution.

Imamul
Aug 18 2017 at 10:35
615 โพสต์
The best broker has a wide range of educational facilities which is very supportive to be a knowledgeable trader rapidly.

Mohammadi
Aug 29 2017 at 06:24
886 โพสต์
According to me, the best Forex broker is a broker which for all time ensures security of funds at any kinds of investments with a wide range of trading technologies. And they don’t restrict any kinds of trading techniques with scalping and hedging.

vontogr (togr)
Aug 29 2017 at 10:16
4862 โพสต์
Mohammadi posted:
According to me, the best Forex broker is a broker which for all time ensures security of funds at any kinds of investments with a wide range of trading technologies. And they don’t restrict any kinds of trading techniques with scalping and hedging.


Security of funds is important
but it is not so easy to determine if the funds are really secure
as every broker's website ensure you that funds are secure and next day broker is bankrupt and your funds done.
So you need to verify broker's regulation as well.

fxste
Sep 06 2017 at 06:27
17 โพสต์
it depend on your trading stile...scalping, news, manual ect etc...
The only advice can i give you if i don't know your trading style is that it must be:
1) Regulated (cysec, fca etc etc) - NOT VANATU ETC ETC
2) Check on fpa if it's not a scammer and if withdrawal are ok (or it doesn't cancel profit)

vontogr (togr)
Sep 06 2017 at 14:39
4862 โพสต์
fxste posted:
it depend on your trading stile...scalping, news, manual ect etc...
The only advice can i give you if i don't know your trading style is that it must be:
1) Regulated (cysec, fca etc etc) - NOT VANATU ETC ETC
2) Check on fpa if it's not a scammer and if withdrawal are ok (or it doesn't cancel profit)


Surprisingly Vanuatu is still better than New Zealand

leo23
Sep 06 2017 at 14:51
567 โพสต์
Obviously, everyone has to check whether the broker is regulated or not, whether the broker supports your trading style or not etc.

But 2 additional important things I will point out here:

1.Never deposit a large amount of money to a broker account at first without going through a complete cycle. I mean first deposit a small amount which you are okay in loosing, then trade with small lots and then, withdraw the entire amount and monitor how fast and easily the entire process goes on from which you can get an overall idea of the broker's operation in back end. If they are hesitant in the withdrawal process or delays the process etc, then there must be some suspicion which you need to check again.

2.Watch each and every trade carefully you place manually or by EA to check whether there operate your account in A-Book or B-Book or do they have only B-Book that's how generally the market maker brokers operate. But 99% of brokers operate in both A-Book and B-Book and switching between them based on your initial deposit and trading performance.

So don't struggle to make money in a broker by any system if your account is in B-Book, there is no way you can make money in long run if your account is in B-Book using any EA or manual system and you will never know that as well until you closely observe the execution of each and every trade during entry and exit. So find a broker where you are sure that all your orders are directly sent to the liquidity providers.

TheWatcher
Sep 07 2017 at 14:53
12 โพสต์
vontogr (togr)
Sep 07 2017 at 14:56
4862 โพสต์
TheWatcher posted:
What is B-Book ?


It is a practice used by brokers.
They pretend to execute your trades on market while they dont.
They assume your trade would not be profitable so they earn money this way.

ovisun
Sep 09 2017 at 09:54
429 โพสต์
TheWatcher posted:
What is B-Book ?


They execute the trade in-house, taking the other side of the trade, not sending the trade to the market, as vontogr said.

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