How do i know, which broker is the best?

Discussion in 'Forex' started by Somrat7864, Apr 18, 2021.

  1. kroxobor

    kroxobor

    There is no such thing as best broker many are roughle the same in terms of trading conditions. You can check Hotforex they are FCA regulated and spreads are relatively low like 0.0-0.2 pips on majors during busy sessions. Regarding execution you can't predict that depends on market and execution technique.
     
    #91     Jan 17, 2023
  2. so many brokers in online who never allows hedging in their problem that is really great problem for the retail traders.
     
    #92     Jan 18, 2023
  3. So, whether you are a scalper or a long-term trader, you have to think about which broker can work well for which strategy. For me, I noticed that fxview and pepperstone are something that fit my trading needs, plus they are also well-regulated and quite solid.
     
    #93     Jan 20, 2023
  4. Cholas

    Cholas

    Reason why we should check carefully before we choose, especially checking their terms and conditions. As per what you mentioned I haven't had issues there, as forexchief allows you using all trading strategies.
     
    #94     Jan 20, 2023
  5. S.Luke

    S.Luke

    A good broker is one who always ensures the security of funds with a wide range of trading technologies. For example, I trade with FP Markets, which has regulations from ASIC and CYSEC.

    I have been trading with them for a couple of years without any issues, the withdrawals are smooth, there are no widening spreads, even the customer service are quick in responding to clients queries.
     
    #95     Jan 25, 2023
  6. Finding the best one can be easier if you can narrow it down to your preferred trading styles. For me, I like to scalp so I tend to go for ECN broker that offers tight spreads when there is volatility in markets plus a lower commission is another must for me. I would recommend picking either aaafx or BDSwiss for that.
     
    #96     Jan 25, 2023
  7. kroxobor

    kroxobor

    Good choice I would also add to this list Hotforex or Tickmill they basically charge no spread on majors during London sessions, effect costs per 1 lot is just 4 pips which makes scalping strategies quite profitable.
     
    #97     Jan 25, 2023
  8. FahadMd

    FahadMd

    if your broker secure your trading capital with a wide range of trading technologies , i think your broker is best from all.
     
    #98     Jan 31, 2023
  9. traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
     
    #99     Feb 1, 2023
  10. so many brokers are available right now and who always ensure micro account for the traders who are particularly scalpers.
     
    #100     Feb 1, 2023