justusfreaky Posted October 1, 2020 Share Posted October 1, 2020 When looking for a broker as a newbie, stay away from brokers that are just starting out. Such brokers are out to make money desperately to keep up with maintenance fees. So they might even make you lose your money or may hunt your stop loss every time. They might even cancel your profits with excuses. So be very careful. Make sure the broker you use has been around for at least 5 years with good reputation. Tenkofx broker has been existing for 9 years and still able to maintain a good reputation. They offer high leverage, low spread for scalping. This is an ECN/NDD broker. This is my broker and this is my advice to your all. I also know about Oanda, been around for more than 8 years and still not bad, although they have declined in quality but still good broker to use. use the old brokers. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted October 6, 2020 Share Posted October 6, 2020 If the choice of broker is not good, it is not possible to increase the profit. Brokers help a trader to succeed a lot. If someone makes a mistake in liking this thing, he will never be able to make a profit. It is best to use an old broker. Because there is less chance of cheating in old brokers. I am familiar with one such broker whose name is Eurotrader Broker. The broker always cooperates with his clients. Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 6, 2020 Share Posted October 6, 2020 I don't think this is the right choice. A broker should be chosen for a number of parameters and not only for age. Quote Link to comment Share on other sites More sharing options...
Paul12 Posted January 8, 2021 Share Posted January 8, 2021 I currently trade with one of the oldest broker FP Markets. It has been active since 2005! and has an ASIC regulation. The spreads offered by them are some of the lowest starting at 0.0 pips, and the commission per lot is $3. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 8, 2021 Share Posted January 8, 2021 As for me, this is far from always the key to success. I chose a broker from Amarkets for the job. This broker is not so old, but the working conditions seemed great to me. Quote Link to comment Share on other sites More sharing options...
Leander Posted January 9, 2021 Share Posted January 9, 2021 I prefer trading with an old broker because they are much more reliable, which is why I trade with FP Markets, an ASIC regulated broker that has been available for over 15 years. Their spreads and slippage are lower when compared to other brokers like ICM and pepperstone. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted January 9, 2021 Share Posted January 9, 2021 Forex trading is the most famous and profitable business in the world. You have to choose a reliable broker for trading. Choosing a reliable broker is not an easy task though. There are many scam brokers in the forex market. If you trade with a scam broker then you can't earn profits from the forex market. After much research, I found a reliable broker Forex4you. They are very reliable. They never make disappointment to their client. They are one of the best brokers I have ever worked. Quote Link to comment Share on other sites More sharing options...
Vudorg Posted January 12, 2021 Share Posted January 12, 2021 The older the broker, the more profitable and safer to trade with it, which is why you need to take this into account when choosing a broker. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 13, 2021 Share Posted January 13, 2021 To be honest, I don't see any problem at all in working with any broker. For me, the main thing is reliability, not the age of the broker. For this parameter, I like the broker from Amarkets for work. As for me, this option is quite worthy of attention. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 14, 2021 Share Posted January 14, 2021 the selection of an existing broker must be able to be considered well, this is necessary so that traders can be more optimal in carrying out trading activities in accordance with expectations with Tickmill. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted January 14, 2021 Share Posted January 14, 2021 If your choice of a broker is wrong then it is not possible to make good profit. So always choose a broker with good trading features and qualities. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 14, 2021 Share Posted January 14, 2021 For me, the choice of broker is generally key in the trader's work plan. I have been working in this industry for quite some time, and now I have chosen Amarkets broker to work. As for me, this is really the best option now. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted January 14, 2021 Share Posted January 14, 2021 you know, there are still many examples of such brokers that simply deflated over time Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 15, 2021 Share Posted January 15, 2021 I do not consider this a critical factor in choosing a broker. As for me, that is, much more important factors, because in fact, any broker can deceive a trader. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 16, 2021 Share Posted January 16, 2021 I once chose the broker ExpertOption to work, and I think my choice is right. Although the broker was not so long ago in the market, the results of the work seemed to me great. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 17, 2021 Share Posted January 17, 2021 As for me, the main thing to pay attention to is not age, but the reliability of the broker. It is worth working only with reliable brokers. I use the Amarkets broker to work, and this option seems to me the most reliable. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 17, 2021 Share Posted January 17, 2021 I try to pay attention not only to the age of the broker, but also to other important indicators of his work. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted January 17, 2021 Share Posted January 17, 2021 in fact, there are not so many options for brokers on the market Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 18, 2021 Share Posted January 18, 2021 I started working with a broker from Amarkets, and I am fully confident in this company. As for me, this company is worthy of attention, and you can earn quite well with this broker! Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 18, 2021 Share Posted January 18, 2021 I started working with a broker from ExpertOption. Despite the fact that the broker in the market not so long ago, I was able to make a pretty good profit. Quote Link to comment Share on other sites More sharing options...
Robert M Posted January 22, 2021 Share Posted January 22, 2021 There are two kinds of broker in forex market. One is dealing desk and one is non dealing desk. Dealing desk broker execute your request with re-quote and dismissal. That is chafing for a trader. That is the reason I pick a non dealing broker called Eurotrader. it execute my request quick without re-quote and dismissal. Those are most basic thing for my scalping. They additionally are giving me low tight spread, swap and commission free account and some more. Quote Link to comment Share on other sites More sharing options...
Tindenucac Posted January 24, 2021 Share Posted January 24, 2021 in general, you always need to start only with a reliable broker, otherwise you can easily be thrown for money and there will be no particular desire to do this Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 25, 2021 Share Posted January 25, 2021 I see no problem at all in starting to work with a broker that offers favorable terms. And this is far from always an old broker. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 25, 2021 Share Posted January 25, 2021 I completely disagree with this statement. For work, I use the broker ExpertOption. The option is not the oldest, but very profitable and reliable. Quote Link to comment Share on other sites More sharing options...
Cairdarsy Posted February 1, 2021 Share Posted February 1, 2021 also chose Expertoption at one time, this is an excellent option for both beginners and experienced traders, so I always advise others to try this option Quote Link to comment Share on other sites More sharing options...
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