e_abrams Posted March 15, 2021 Share Posted March 15, 2021 Trying out different brokers is not a bad thing, as long as one sticks to properly regulated companies at all times. Never invest in unregulated bucketshops. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 17, 2021 Share Posted March 17, 2021 As for me, in this industry experience of working with different companies is really important. This will allow the trader to be much more developed in terms of working with different companies. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted March 19, 2021 Share Posted March 19, 2021 I used to think so too, and I worked, now I have already switched to the option of only one broker and it suits me more Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 18, 2022 Share Posted April 18, 2022 It is important to understand that different companies offer quite different conditions for working. And the more experience, the better. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 18, 2022 Share Posted April 18, 2022 On 3/19/2021 at 6:45 PM, Gidencenti said: I used to think so too, and I worked, now I have already switched to the option of only one broker and it suits me more Exactly as long as we are in profit we should stick with one or maximum two.. I also prefer withdrawing profits as soon as they appear regularly by keeping the necessary capital behind in order to stay protected. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 19, 2022 Share Posted April 19, 2022 In fact, working with different companies is quite a useful skill for a trader. I think this phenomenon is quite normal. When I started working with a broker from ExpertOption, I also wanted to gain experience. Quote Link to comment Share on other sites More sharing options...
nanamage Posted April 28, 2022 Share Posted April 28, 2022 the regulation that the broker has is not enough, we have to choose a broker well. FXCM is a large company and a regulated broker, the Company is banned from the United States market for defrauding its customers. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 28, 2022 Share Posted April 28, 2022 I think that this approach is quite correct. I also tried to work with different companies, but now I consider the broker from ExpertOption to be the best option. I really think this is the best option. Quote Link to comment Share on other sites More sharing options...
Ritesh.R Posted April 29, 2022 Share Posted April 29, 2022 It is good to try out more than one broker because it should show you the various advantages each broker has depending on your trading type. For instance, I prefer scalping and brokers such as ICM and FP Markets were suitable due to their low spreads. After trying both brokers, I decided to choose FP Markets because of its lower commission cost and opening balance. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 29, 2022 Share Posted April 29, 2022 I think this approach to work is correct. At least when I started in this industry, I really tried different companies. So far I have settled on a broker from ExpertOption and I am satisfied with my choice. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 1, 2022 Share Posted May 1, 2022 On 4/29/2022 at 8:50 PM, Vaabum said: I think this approach to work is correct. At least when I started in this industry, I really tried different companies. So far I have settled on a broker from ExpertOption and I am satisfied with my choice. I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers. Â Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 7, 2022 Share Posted May 7, 2022 This is quite a normal desire, which will allow the trader to have much more experience. I tried different companies, but for quite a long time I have been using a broker from ExpertOption. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 8, 2022 Share Posted May 8, 2022 22 hours ago, Vaabum said: This is quite a normal desire, which will allow the trader to have much more experience. I tried different companies, but for quite a long time I have been using a broker from ExpertOption. I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 11, 2022 Share Posted May 11, 2022 This really makes sense, and the experience of a trader in this case is really useful. As an example, I used different brokers for work, but so far I consider the broker from ExpertOption to be the best. Quote Link to comment Share on other sites More sharing options...
Paul12 Posted May 31, 2022 Share Posted May 31, 2022 It is good to try other brokers because comparing other brokers can help you find a suitable and low-cost broker. I suggest either trading with their demo account or investing with a smaller account if you are going to attempt more than two brokers. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 31, 2022 Share Posted May 31, 2022 I completely agree. It is important to understand that this is definitely an experience. I also worked with different companies, but so far I prefer a broker from ExpertOption. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 1, 2022 Share Posted June 1, 2022 16 hours ago, Vaabum said: I completely agree. It is important to understand that this is definitely an experience. I also worked with different companies, but so far I prefer a broker from ExpertOption. I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 1, 2022 Share Posted June 1, 2022 I think this idea is correct. Experience for a trader is one of the key tasks. At least when I started working with a broker from ExpertOption, I had experience working with different companies. Quote Link to comment Share on other sites More sharing options...
bigxy Posted June 2, 2022 Share Posted June 2, 2022 On 5/31/2022 at 2:15 PM, Paul12 said: It is good to try other brokers because comparing other brokers can help you find a suitable and low-cost broker. I suggest either trading with their demo account or investing with a smaller account if you are going to attempt more than two brokers. Consider shortlisting a few reputed brokers like hotforex, octa, xm, exness, fxcm, lmfx etc and then checking reviews on sites like fpa and trading their demo account to further shortlist which one suits our need. Once a broker is finalized always start with small amounts to further test them and their processes like withdrawal etc which we can't usually test through their demo accounts. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 4, 2022 Share Posted June 4, 2022 This is really extremely important. I think that this should be approached responsibly enough to get a positive result. I tried to work with different companies, and as a result I chose a broker from the ExpertOption company. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 6, 2022 Share Posted June 6, 2022 On 6/4/2022 at 4:31 PM, Vaabum said: This is really extremely important. I think that this should be approached responsibly enough to get a positive result. I tried to work with different companies, and as a result I chose a broker from the ExpertOption company. I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 8, 2022 Share Posted June 8, 2022 But this is really correct. When I started working with a broker from ExpertOption, I also studied for some time. And in general, I always try to find time to work with other companies. Quote Link to comment Share on other sites More sharing options...
AndrewJ Posted June 15, 2022 Share Posted June 15, 2022 When trying different brokers to find the best one, it is best to trade with demo accounts rather than live accounts to avoid losing money. Using multiple broker can give you a clear view on which broker is best suitable for your trading style. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 15, 2022 Share Posted June 15, 2022 Such experience is definitely important for a trader and plays a significant role. It should be understood that if a trader worked with several options, he may have more experience. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted June 17, 2022 Share Posted June 17, 2022 You should definitely try several brokers to be able to make comparisons as it is unlikely that you will find a perfect broker that suits your needs from the first try. I tried three brokers before deciding to stick with Hotforex. Quote Link to comment Share on other sites More sharing options...
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