The cardinal step a trader should follow is to get rid of all the basic mistakes. Over and over mistakes work as an impediment to trading. But traders are less willing to solve this issue rather they prefer trading with high leverage in the expectation to gaining more and more.
of course good and trusted broker is important for long term investment, no anyone trader they get scammed by the company because after in long term hard work but when they withdraw profit then faced any problem such as account blocked without any clear reason.
Having a trustworthy broker is crucial when it comes to forex trading. Because of the market's volatility, brokers play a crucial role in trading. Also, you must adapt your trading strategies to the changing market situations.
split your accounts across 2 or 3 brokers and you will then get a feel for which you like trust and best for your style. i am with Icmarkts and EagleFX both good but both very different also so you need to test these things out to find whats best for you
always worth setting up and testing any broker you use i have been with CedarFX for a while now as they have forex and crypto so do every thing from 1 platform. but always set up a demo test them out and how it works best for you.
A good broker is one that most meets your own personal needs. So it very much depends on what you are looking for. I personally use CedarFx because I was looking for a broker that had very low deposit limits and high leverage available. Found them to be very reliable so far.
Broker is a must for trading in Forex. Brokers serve traders with numerous trading facilities and they act as an intermediary. For both big and small investments, a secure broker is essential. Eurotrader is recognized as a secure broker.