Choosing the Best Broker: What to Look For

[Vaabum]

Initially, I tried different companies for work, but so far I consider the broker from ExpertOption to be the best option. I really think this is the best option.

[RodriJames12]

When looking for a new broker, it is best to read reviews from other traders and try their demo account to understand their trading conditions.

I would mostly suggest trading with regulated brokers that have regulation from top entities such as ASIC or FCA, like ICM or FP Markets.

[Lechosław Król]

You have to decide trading on which currency pairs will carry little amount of risk for you. Trading in less volatile pair is good and free of risk but if you want to trade in highly volatile trading pair, you need a good trading broker. XADUSD includes high trading spread which will reduce your trading profit. Eurotrader offers such a reliable trading platform which is free of technical errors.

[radex78]

6 hours ago, Lechosław Król said:

You have to decide trading on which currency pairs will carry little amount of risk for you. Trading in less volatile pair is good and free of risk but if you want to trade in highly volatile trading pair, you need a good trading broker. XADUSD includes high trading spread which will reduce your trading profit. Eurotrader offers such a reliable trading platform which is free of technical errors.

Gold price very challenging trading pair, because high volatile gives benefit for traders, many traders tries to catch profit from gold, in FXOpen spread for gold included low spread and often I trade on Gold with spread could below 2 pip.

[nanamage]

The application of a trading plan and a good trading strategy pattern will help traders achieve profits in each of their trades, use a reputable and trusted Broker as our trading platform such as Freshforex who has proven their quality and business for 18 years.

[Jason]

Are you looking for a reliable option for yourself? I have long chosen FP Markets, an excellent platform for those who love trading and appreciate the stability and reliability of their work.

[nanamage]

Choosing a business that is in accordance with a good process and understanding, and forex trading are one of the businesses that are in demand and are more profitable, for example with the promo and cashback from Freshforex makes profits increase.

 

[radex78]

There are so many people offering easy money from trading, but actually this is not easy, how to become profitable traders need good knowledge and experience in trading. Choosing the broker for long term is important, I use FXOpen broker because the company regulated in top tier regulation agency and also offer low spread. 

There are free contest to join in community called "catch zeros spread contest season 2". The rules is simple, traders just need to capture screenshot zero spread on TickTrader terminal and shared on social network. The winner will be selected on the end period oc contest.
 

[Namu]

Trading contests can be used to add insight and trading experience. And what's even better is forex training from FreshForex broker, so that I understand more about how forex works and are even better at trading on real accounts.

[radex78]

10 hours ago, Namu said:

Trading contests can be used to add insight and trading experience. And what's even better is forex training from FreshForex broker, so that I understand more about how forex works and are even better at trading on real accounts.

It is good to join in trading contest, for beginner better to choose free demo contest without any fee, for intermediate trader we can join in the contest real trading account, we can trade like as usual to making profit and having the chances to become winner and get prize. FXOpen also provide several types contest, free contest like hit the range, catch zeros spread Ticktrader terminal, for intermediate contest is competition 1 to 100, while professional trader contest is FTC 2022.

[Lechosław Król]

Greedy people are failure ultimately just because they want more and are never satisfied with what they have. You must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit. Eurotrader provides traders with a free educational program to build traders’ expertise in trading.

[radex78]

Choosing low spread broker gives benefit for scalping traders, in FXOpen it is possible traders getting negative spread on certain pair like EURUSD or AUDUSD. Negative spread possible when traders open new order and get negative spread then will watch the order in profit floating, negative spread could reach -2

 

[James Mcgrant]

If you are looking for a good broker with proper regulations and trading conditions, I recommend FP Markets. They have regulations with ASIC and CYSEC.

It has been over a year with them and I have never faced any major issues, even regarding withdrawals, which have always been smooth.

[radex78]

Regulation is one important thing when traders looking for broker, regulated broker in ASIC and FCA is top tier regulation agency, for long term business choose reliable and trusted broker and the best is important. FXOpen include broker regulated by FCA, ASIC and CySec.

[nanamage]

It is generally believed that no one can achieve success in the Forex market in a very short time, so we understand that success in Forex is a long-term process. One of the important points is to choose a Freshforex broker that provides good service to its members and also bonuses.

 

[Lechosław Król]

You can lower the amount of losses but can’t avoid it fully. Don’t go for taking revenge on the market. Eurotrader offers a 111% deposit bonus, high leverage, narrow trading, and fast trade execution facilities to traders.

[nanamage]

Risk aversion is prime in deciding any trade. As forex reacts very fast to economic and political affairs, it is prudent to track all that is happening worldwide. So, the best thing to do is to read Freshforex's fundamental analysis before trading.

[radex78]

Sometimes trader only prepare for the profit and ignorance for the loss, this is wrong mindset, because risk always there in dynamic market, risk management is very important to keep safe trading when the market chaotic.

[ParkChoi]

I initially tested a few different brokers for trading, but as of right now, I think the broker from FP Markets is my finest choice because it's suitable for scalping with some of the lowest spreads and commission costs when compared to other similar ECN brokers.

[nanamage]

Choose a broker that is credible and has a long history. If you choose the wrong broker, it will be most detrimental if it ends up being a scam, like Venusfx.