David_Warner Posted July 30, 2015 Share Posted July 30, 2015 Take these factors into consideration when choosing your brokerage: Look for someone who has been in the industry for ten years or more. Experience indicates that the company knows what it's doing and knows how to take care of clients. Check to see that the brokerage is regulated by a major oversight body. If your broker voluntarily submits to government oversight, then you can feel reassured about your broker's honesty and transparency. Some oversight bodies include: United States: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) United Kingdom: Financial Conduct Authority (FCA) Australia: Australian Securities and Investment Commission (ASIC) Switzerland: Swiss Federal Banking Commission (SFBC) Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN) France: Autorité des Marchés Financiers (AMF) See how many products the broker offers. If the broker also trades securities and commodities, for instance, then you know that the broker has a bigger client base and a wider business reach. Read reviews but be careful. Sometimes unscrupulous brokers will go into review sites and write reviews to boost their own reputations. Reviews can give you a flavor for a broker, but you should always take them with a grain of salt. Visit the broker's website. It should look professional, and links should be active. If the website says something like "Coming Soon!" or otherwise looks unprofessional, then steer clear of that broker. Check on transaction costs for each trade. You should also check to see how much your bank will charge to wire money into your forex account. Focus on the essentials. You need good customer support, easy transactions and transparency. You should also gravitate toward brokers who have a good reputation. Get more information that you must need to know . Get here in the link alpari.com Quote Link to comment Share on other sites More sharing options...
Upul Tharanga Posted July 31, 2015 Share Posted July 31, 2015 Yes, I definitely believes it’s important that we do proper research and of various companies before selecting one, as it’s about real money and we must not invest it with wrong broker, hence it’s absolutely must to have it invested with right company. I am using Nova FX broker and they are a fabulous broker to be working with especially due to their popularity and reputation while have some of the best features that includes 111% bonus on every deposit! Quote Link to comment Share on other sites More sharing options...
David_Warner Posted August 7, 2015 Author Share Posted August 7, 2015 thanks Quote Link to comment Share on other sites More sharing options...
aliforex Posted August 11, 2015 Share Posted August 11, 2015 Nice explantion, Now i have a good experience with my broker ( InstaForex ). They has a reputation, transparency, convenience of carrying operations with money, good customer support. I found very comfortable broker for trading, so that I can maximize the good broker I choose Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 11, 2015 Share Posted August 11, 2015 Different brokers have different expectations and they also have different things in mind. Their main aim is to make sure that they please their traders ad that is by giving by them satisfactory service and that is the reason why it is good that traders look out for brokers which serve the purpose for which they exist. There are some brokers who are just there to milk non suspecting traders. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 12, 2015 Share Posted August 12, 2015 Your information is really comprehensive, but let me add my own opinion and view about that a bit. First, i see that NFA as the most strict but not as the best regulator. The best regulator overall is FSA and FINMA. Second, more than 10 years does not give much effect but as long as that broker is credible and of course well regulated by at least those two regulator you said, it will be a different story then. Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted March 12, 2020 Share Posted March 12, 2020 Banks offer a wide assortment of forex administrations for their customers. These incorporate, however are not limited to, spot transactions, advances, alternatives, and universal money moves. Their customers incorporate little banks, corporations, money related establishments, and high-total assets people. These customers draw in the currency market so as to hedge currency risk or to guess on price developments for benefit. Quote Link to comment Share on other sites More sharing options...
Balladoginn Posted March 14, 2020 Share Posted March 14, 2020 The choice really needs to be balanced and consider all the risks of opportunity. Quote Link to comment Share on other sites More sharing options...
Rainbringer Posted March 15, 2020 Share Posted March 15, 2020 Make your choice based on the conditions that rockers offer. Quote Link to comment Share on other sites More sharing options...
Kataxe Posted March 16, 2020 Share Posted March 16, 2020 I had experience working with several brokers, in the end I settled on Amarkets, because the conditions here are quite favorable and the spreads are very minimal Quote Link to comment Share on other sites More sharing options...
bigxy Posted March 17, 2020 Share Posted March 17, 2020 Yes you are right working with multiple brokers at the same time ending up with trading one single broker. Quote Link to comment Share on other sites More sharing options...
Uenti Posted March 25, 2020 Share Posted March 25, 2020 Before I transferred my account to Amarkets, conditions that are very suitable for me, I worked with two more, and as you know, they turned out to be not very good. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 25, 2020 Share Posted June 25, 2020 It is must to do broker selection wisely because a lot of game plan depends on it only. I find it super comfortable through FreshForex broker using their low spreads, high leverage, no issues over slippage and much more. It is what makes me super comfortable when doing trading. Quote Link to comment Share on other sites More sharing options...
Kelerad Posted August 23, 2020 Share Posted August 23, 2020 For some, in order to decide, you really need to try several brokers for someone at once and one will be enough Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 23, 2020 Share Posted August 23, 2020 In general, the choice of a broker really should be paid attention. In many ways, the success of a trader depends on the broker with whom he works. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 24, 2020 Share Posted August 24, 2020 In the process, I really tried my hand with different brokers, but the best broker seemed to me to be ExpertOption. While really liked him more than the rest. Quote Link to comment Share on other sites More sharing options...
Viran Posted August 26, 2020 Share Posted August 26, 2020 Indeed, there are such recommendations when they offer to try several brokers in order to make sure of the correctness of their choice. Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 26, 2020 Share Posted August 26, 2020 To work, you really need to choose the best broker, and for this reason I try to check all possible brokers. Now I use the broker Amarkets, while this option seemed the best. Quote Link to comment Share on other sites More sharing options...
Mezigis Posted August 27, 2020 Share Posted August 27, 2020 I also tested several platforms and with the output there were no problems with Amarkets Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 28, 2020 Share Posted August 28, 2020 I'm using the Amarkets broker to work. So far, of all the options, this broker seemed to me the most profitable and reliable. At least the results speak for themselves. Quote Link to comment Share on other sites More sharing options...
Juleenelya Posted September 16, 2020 Share Posted September 16, 2020 in general, of course, there are a lot of such points when choosing a broker, the main thing is that the reliability is at the level Quote Link to comment Share on other sites More sharing options...
Thorgagar Posted September 25, 2020 Share Posted September 25, 2020 I became convinced of the reliability of the Amarkets broker, which have been on the market for over 12 years, and I very often use their 1: 1000 leverage. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 25, 2020 Share Posted September 25, 2020 In general, brokers are still worth looking for, but it is worth understanding that the main thing is to choose a good option. Everyone will choose exactly the option for themselves, which will be considered the best. Quote Link to comment Share on other sites More sharing options...
Monaya Posted October 13, 2020 Share Posted October 13, 2020 It is better to choose such a question, but as in my case Amarkets, which has quite extensive and trading conditions that are suitable for both experienced and inexperienced traders. Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 13, 2020 Share Posted October 13, 2020 I've been looking for a good broker for quite some time, and checking every possible option for a job. Now the best broker Amarkets seemed to me, and while I work with him. The conditions are great. Quote Link to comment Share on other sites More sharing options...
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