What safety measure I need to take before choosing any forex broker?
Gareylinn509
从……加入成为会员 Nov 07, 2020
27个发言
Dec 11 2020 at 12:21
Never had the nerve to trade after hours. Do all brokers allow it, I don’t think mine does.
Raywilkins665
从……加入成为会员 Nov 17, 2020
21个发言
Dec 14 2020 at 10:41
Look for regulation, trading conditions and other services that you would want to make use of. Also, the broker should be reputed and trustworthy. You can check reviews online as well.
Try using regulated brokers that are good with their services. Make sure you make all the inquiries and see if the trading conditions are upto the mark. Don’t settle for less than what you need as a trader.
Josuvaphilip
从……加入成为会员 Oct 09, 2020
24个发言
Dec 21 2020 at 12:14
Jakemark posted:
Try using regulated brokers that are good with their services. Make sure you make all the inquiries and see if the trading conditions are upto the mark. Don’t settle for less than what you need as a trader.
I agree. I'm currently using Fxview and the trading conditions are acceptable. The spreads are low and the commissions are also reasonable.
Bladiminmunro
从……加入成为会员 Oct 15, 2020
57个发言
Dec 22 2020 at 04:21
Gingerrogers posted:
Regulations are just a mirage, a ploy for brokers to dupe traders into making them believe they are legit. Beware!
I agree. A lot of traders use offshore brokers too and that works fine for them so there isn’t a big deal about this.
IvanMelnik
从……加入成为会员 Jul 09, 2020
34个发言
Dec 22 2020 at 07:16
1 Regulation
2 Trading conditions
3 Online reviews
I look for all these things while choosing a broker.
2 Trading conditions
3 Online reviews
I look for all these things while choosing a broker.
Mikehussey
从……加入成为会员 Sep 30, 2020
47个发言
Dec 23 2020 at 06:26
IvanMelnik posted:
1 Regulation
2 Trading conditions
3 Online reviews
I look for all these things while choosing a broker.
Agreed. Here are things I look for when selecting a broker:
Check if the broker is regulated
Get all the account details and check the leverage and margin
Pay close attention to commissions and spreads
Review the initial deposit amount
Check if withdrawals and payments are timely or fast
Trading platforms available
Customer support
Number and types of currency pairs offered
philipsimmions
从……加入成为会员 Jul 14, 2020
25个发言
Dec 23 2020 at 10:13
I just check if the spreads are tight and the platforms run smoothly. I just use MT4 so this is pretty much the only criteria I look for. Can check reputable brokers like Etoro or IG.
Adamgylicrist
从……加入成为会员 Oct 19, 2020
34个发言
Dec 23 2020 at 12:41
Pointingmark posted:
Different funding and withdrawal methods should also be taken into consideration. For instance not all brokers accept crypto, or credit cards.
Yeah this seems to be a problem with many brokers. They don’t accept crypto and that’s a bummer really. If anyone happens to know one that does, please share. Thanks.