adamsmiths Posted December 28, 2016 Share Posted December 28, 2016 The transactions between a seller and a buyer are planned by a broker. S/he does this in exchange of a commission when the deal is completed. Once you know what the qualities of a broker are, that you should look for, it becomes easier for you to hire one. It is extremely important for you to know what the brokers are offering, in order to open an account with him. The offers of the brokers differentiate from each other. In this age of the internet advancement, you are not restricted to choose a broker from only your country, you can select your broker from anywhere around the world. A good broker needs to have some great characteristics. Some of them are described in this article. Good communication skills Great communication skills are required in a broker. This helps in developing a friendly relationship between the broker and the investor. In order to freely discuss with your broker what you really want out of your trade and what you expect the broker to do for you, it is important for you to be able to trust the broker. Satisfying financial backing There are a number of forex traders out there who think that there is no need to check into the assets of a broker before investing money in this huge market. They think that as clients for all over the world are depositing money in the account of the brokers, they have a lot of money. But, unfortunately, this is not true. Always make sure that the broker, whom you are selecting, has a good financial backing. This will help you feel secured, and also, chances are that, you will not be financially ruined all of a sudden. Effective trading platform A trading platform is software that is used for the purpose of trading in the foreign exchange market. With the help of a trading platform, a trader can manage their trading accounts, trade in the forex market, do technical analysis and receive forex related news. As this application helps you in placing orders in the market, you are required to be selective while getting one for you. As the forex market is always changing, a platform can make or break your day. There is a very simple and easy way, with the help of which, you can check the effectiveness of a platform. Many forex brokers allow you to do a trail session using this platform. Customer service The customer service of a broker should be great. It is said that the forex market never sleeps, which means, the forex market is open for 24 hours a day. So every time you need customer service, they should be available to meet all your queries. If you are a novice trader and don’t have enough knowledge about the market, keep the above mentioned point in mind. This way, you will be able to select a good and reliable forex broker. Quote Link to comment Share on other sites More sharing options...
bigxy Posted January 26, 2017 Share Posted January 26, 2017 I usually looks for those brokers who offer timely withdrawal of profit, easily execute the trading and most important, they charge low spreads too. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted May 30, 2017 Share Posted May 30, 2017 Well I don't look for any of those. The first thing is survival in this market. And a broker's honesty is very necessary for a traders survival. So look for an honest broker and then customer support etc. Quote Link to comment Share on other sites More sharing options...
Ariel Dala Posted March 9, 2019 Share Posted March 9, 2019 I am with FreshForex, who I consider as one of the BEST brokers out there, and it’s as close as it gets when it comes to perfection. They have everything from safety to security to luxurious features that counts from zero spreads, mighty rebate program, bonuses and even market analysis like features are available, so that makes it truly outstanding! Quote Link to comment Share on other sites More sharing options...
Tindenucac Posted July 21, 2020 Share Posted July 21, 2020 for me, the main thing in a broker is reliability, according to this criterion, I made a choice in favor of Expertoption! Quote Link to comment Share on other sites More sharing options...
Cairdarsy Posted September 1, 2020 Share Posted September 1, 2020 the best advice when choosing a broker is its reliability and the conditions that it offers, everything else depends only on you, for me the platform from Expertoption is an excellent option, the conditions are high, and I have never doubted the reliability Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 3, 2020 Share Posted October 3, 2020 By many parameters of work, I chose the broker Amarkets. I believe that now it is one of the most reliable and profitable brokers in the market. He was satisfied with the working conditions with him. Quote Link to comment Share on other sites More sharing options...
Erienner Posted October 21, 2020 Share Posted October 21, 2020 In general, it is worth choosing a broker simply for its reliability, there will be no problems in reliable operation, and you can try to get profit calmly Quote Link to comment Share on other sites More sharing options...
Cairdarsy Posted December 18, 2020 Share Posted December 18, 2020 You can give a lot of such advice, but it's better to choose a broker on the advice of friends, this option will be more reliable, I chose Expertoption at one time, as it turned out this is an excellent option for work Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted January 8, 2021 Share Posted January 8, 2021 For me, Amarkets is now an excellent option for work, this is a good choice for those who value the reliability of payments and the quality of work of supports in a broker Quote Link to comment Share on other sites More sharing options...
Erienner Posted January 18, 2021 Share Posted January 18, 2021 there are actually much more such moments, and everyone can add something new every time Quote Link to comment Share on other sites More sharing options...
Pyridge Posted January 29, 2021 Share Posted January 29, 2021 the main thing in this case is to choose a reliable broker with stable trading conditions, everything else will depend only on the trader himself Quote Link to comment Share on other sites More sharing options...
Tindenucac Posted February 6, 2021 Share Posted February 6, 2021 the main thing is not to fall for the bait of deceivers who are now abundant in the network Quote Link to comment Share on other sites More sharing options...
Cairdarsy Posted February 27, 2021 Share Posted February 27, 2021 I completely agree on these points, especially communication with supports and managers decides a lot, for many traders this is very important Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted April 15, 2021 Share Posted April 15, 2021 to choose such a broker you do not need to go far, I advise you to work with Amarkets, this is an excellent platform both in terms of functionality and conditions Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 22, 2022 Share Posted May 22, 2022 I would advise you to work on a demo account of this broker before starting work - this will allow you to learn much more about the company. When I started working with a broker from ExpertOption, I did it this way. Quote Link to comment Share on other sites More sharing options...
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