What to look for when choosing a Forex broker

Discussion in 'Forex' started by FP Markets, Nov 13, 2019.

  1. Micki20

    Micki20

    Yah I agree!
     
    #131     Aug 19, 2022
  2. according to me the traders we have should choose the broker which is more appropriate to the concept of trading that will be used , otherwise trading life could be more dangerous.
     
    #132     Aug 20, 2022
  3. Peace11

    Peace11

    Most times reviews are not enough to tell a good and credible broker, because these can be formulated. Always make sure they are regulated with good trading conditions and have been around for long coupled with other important factors that suits you. Even when I was seeing good reviews on Forexchief, I wasn't still convinced until I verified their regulation and licensing status( it was that important to me), and I can say they have lived up to expectations.
     
    #133     Aug 31, 2022
  4. FahadMd

    FahadMd

    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.
     
    #134     Sep 3, 2022
  5. traders should choose the broker with cool mind , because the broker can affects the result of our trading with certainly.
     
    #135     Sep 3, 2022
  6. the scalpers always fall a great trouble when choosing a broker , because most of the brokers don't allow scalping in their platform.
     
    #136     Sep 4, 2022
  7. so many brokers right now in online who providing micro account for scalpers.
     
    #137     Sep 5, 2022
  8. Axel_23

    Axel_23


    Always look for broker’s regulation and overall trading conditions like spreads, commission, execution etc.





     
    #138     Sep 6, 2022
  9. Asides from the usual regulation and trading conditions. i would also suggest checking their forex account types and what strategy do they allow so you know if that broker will fit with your trading plan or not.
     
    #139     Sep 6, 2022
  10. the best Forex broker is a broker which never restrict any kinds of trading techniques with scalping and hedging.
     
    #140     Sep 6, 2022
    Peace11 likes this.