Factors that are considered while choosing a broker

[Gee Dee]

A wide variety of factors can be considered while picking up a broker. Leverage is one of the essential factors that a forex trader should consider while selecting his broker since leverage can help a forex trader to trade above than his own invested capital. Apart from high leverage a foreign currency exchange trader should consider other essential factors, like spread, trade execution facilities, trading platform, safety of funds, regulations, etc. while choosing a medium for him.

 

[ElliotHarris]

High risk is proportional to high return..

[ElliotHarris]

Credibility is arguably the most important factor you have to consider before investing your money with any Forex broker. 

[Bonnie Berry]

I consider just 2 simple factors. One is whether the broker is regulated from authority that holds weight. I don’t go with brokers that are regulated by no one, as that basically means no regulation. I like brokers like IC Markets, HotForex and some others which are properly regulated and some of these are even located in Australia.

 

So, this confirms me in terms of security. After that I look at features and facilities, but yes this is not easy. I generally compare via https://fx-list.combecause here as you might be able to see have complete data base of brokers. It allows me to select perfect broker for myself with accurate comparison.

[Gee Dee]

The great broker as a matter of first importance ensures the security issue and ensures their customers reserves with positively. For driving a protected trading life from my first day of trading I have been utilizing managed one because of secure trading condition. My broker offers the MetaTrader 4 Mobile Forex trading top stages. 
As indicated by our trading understanding we the traders essentially pick our trading brokers, in my trading profession I have picked ForexChief which is more suitable to the idea of trading that I generally utilize. From my first day of trading I have been utilizing scalping strategy that gets benefit a brief time frame and that is the reason I have picked this ECN trading stage which does not confine any sorts of trading methodologies with scalping and hedging.

[Latham Lapard]

The only factor that I consider is safety and security, and that’s where I am 100% right with FreshForex. They are perfect in all departments, and that especially to do with having low spreads, high leverages and then there is 101% Tradable Deposit Bonus too, so nothing else can be expected.

[Alice Frampton]

Although, there are many factors to be considered but some that I feel are vital starts from https://www.begindot.com/cybersecurity-risks-for-trading-platforms/, as the security is major concern and should be looked at highest priority.

[Laithris]

Choose a broker who is a member of the section where you plan to trade, then the commission and processing time of orders will be minimal.

[Ishnlv]

When I chose a company in the first place, I looked at its experience, how long it had been on the market and its honesty.

[Purescar]

I tried to choose a top company that is confidently standing on its feet, and this is Amarkets, which has been on the market for more than 12 years, so I'm sure

[Hugith]

There may be many such factors, but probably the most basic ones are reliability, honesty and functionality.

[Gavinrafym]

You need to carefully approach the choice of a broker, because the risk of loss or income depends on this.

[Arcaneforge]

Very interesting criteria described they really fit.
 

[Datus]

Reliability, honesty and stability are some of the factors when choosing a broker

[Bandizel]

I can say that all of the above factors are important and must be taken into account

[Teginn]

The company to which you entrust your funds, it simply must be reliable.

[Perintrius]

It is preferable to consider such factors when choosing a broker, as the reliability of profitability and solvency.

[Cejurus]

When choosing, you need to consider factors such as length of service, profitability, functionality, payment system and technical support.

[Axeray]

Indeed, there are the main factors that are taken into account when choosing a broker and they are well known.

[Hellsinger]

Of course, I paid attention to how much time the broker is already on the market, and then I studied its functional content.

[Balhala]

I chose an offshore broker with a good reputation and a good payment system.

[Cerendis]

I completely agree with you that you really need to take into account the most common factor that describes the broker.

[Mezigis]

It is, of course, necessary to take into account the conditions provided by the broker, both reliability and safety, but it seems to me that you still need to pay attention to the rating of brokers.

[gds221]

In fact, each trader chooses the broker that suits him best for a number of factors. For me now the most optimal choice was the broker from Amarkets, with whom I work.

[Michael Butcher]

I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me as newbie to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.