View Full Version : How do you find a good forex broker?
voipkolkata
2015-08-27, 01:36 PM
The forex trading is a popular trading platform in the world and it is a daily 4-5 Trillion markets in the world. it is the largest financial market in the world, forex traders need to find a good forex broker because there is no central marketplace for trading, there are many forex brokers and everyday new brokers are getting in at forex market, I think before starting the forex trading we need to find out a good trading broker, but what characteristics should be there in a forex broker.
Regulatory compliance / Authorisation:
I think the most important factor for the forex broker, A flashy or professional looking websites do not guarantee that the broker is regulated with sound bodies, we need to find out the authorisation of the broker and we can see at the "About us" section.
Account Details:
Each and every broker has their own strategy and has different account offerings -
Standard accounts,
Mini accounts etc.
we need to check the leverage offering and also margins, I think now a days 1:1 to 1:1000 or more leverage is available at different forex brokers, Leverage is a loan extended to margin account holders by their brokers,
Commissions and Spread : we have to check out the spread size and commissions, basically a broker makes money through commissions and spread. So we have to check all these.
Initial deposits: Many brokers are offering forex accounts with very small initial deposits but we have to check all these, some brokers say something but do something.
Ease of deposits and withdrawal: we need to check the findings and deposit facility too, how many options are there and how easy for the clients etc.
Currency pairs: we are trading here for earning money and we need to check the availability of the currency pairs and their spreads.
Trading Platform: the most important points for the forex traders, we need to check the platform is easy to use or not.
Customer services: Another important issue to check, we need to check is there any opportunity to take live chat, and how quick the support team response etc.
beside above factors we need to check some other issues
1. execution time
2. Bonus facilities
3. PAMM account facility
4. Copy trade facility
I think we can check all these above characteristics available at instaforex (https://www.instaforex.com)and we can say the instaforex is the best forex broker in the world.
imtrader
2015-08-27, 01:41 PM
For me forum has to be must for a reputation of a broker and forums don't only represents the active and quick learning but also it tells about the growth and facilities that broker has been able to provided within a time period which I think is must and active professional analysis is the best things those forums have.
Chris Ehianu
2015-09-08, 11:16 AM
before choosing a Forex broker, run checks on his ground, how long is he in business, check how long is the site using www.whois.com
the the commission charged ( spared) in currency per
also check the funding and withdrawals option if the are available in your area
good luck to you.
fsr333
2015-09-08, 11:32 AM
All of the points you write above is needed to find a good broker. To do a trade, it's very important to find a good broker. Without good broker if we want to do trading then we can lose our money. There has so many scam broker who can take our money. So before start trading look at the broker detail and their license. And also look at their customer support.
agit_pratoris
2015-09-17, 09:03 PM
For the first time I Join and learn forex trading, I know from forex forums, just know its name and then try to trade there.
I've joined in many brokers since 2005 and I know which is fraud broker and like cheating its clients. I most like trading in LITE forex broker.
Vomma
2015-10-08, 08:47 PM
Dear Traders,
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Prize funds gets everyone got into the top ten leaders of the contest!
To participate in the contest you have to deposit a new account in the company at minimum of $ 10, set it on the monitoring on myfxbook and send a request for participation.
Participant with the highest weekly gain will receive a prize of $ 3000!
Prize funds available for trading and fully participate in drawdown. All profits available for withdrawal.
Participants are not limited in tactics and trading tools to win the contest!
Competition is held during the week from Monday till Friday.
Hurry up to apply a request for participation in the week prior to the contest.
To read more about contest conditions and to apply the request, please visit the contest page.
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pipshunt
2015-10-08, 09:49 PM
Thanks for the information and I believe that instaforex is the best forex broker in the world and we all can join here in forex trading with this broker and we know that if we can get a good broker then we can make good money and we can do secure trading.
danish555
2015-10-08, 09:52 PM
in Asia insta is the best broker for this trading business my friends told me about this broker and i joined him but in trading a found it very good in withdraw in trading also i am fully satisfied
Hamz1
2015-10-08, 10:28 PM
thanx for sharing thsi type of informative post with us . we will be very thankful to you for this and hope so it will help us a lot while trading newbies se yehi khena chahun ga k wo idher ayeb is ko parhey samjhey aur sekhey aur apney views humarey sath share karey aur bataye k kaisa raha sab kuch. !
SmithTheTrader
2015-11-02, 01:29 PM
The forex trading is a popular trading platform in the world and it is a daily 4-5 Trillion markets in the world. it is the largest financial market in the world, forex traders need to find a good forex broker because there is no central marketplace for trading, there are many forex brokers and everyday new brokers are getting in at forex market, I think before starting the forex trading we need to find out a good trading broker, but what characteristics should be there in a forex broker.
Regulatory compliance / Authorisation:
I think the most important factor for the forex broker, A flashy or professional looking websites do not guarantee that the broker is regulated with sound bodies, we need to find out the authorisation of the broker and we can see at the "About us" section.
Account Details:
Each and every broker has their own strategy and has different account offerings -
Standard accounts,
Mini accounts etc.
we need to check the leverage offering and also margins, I think now a days 1:1 to 1:1000 or more leverage is available at different forex brokers, Leverage is a loan extended to margin account holders by their brokers,
Commissions and Spread : we have to check out the spread size and commissions, basically a broker makes money through commissions and spread. So we have to check all these.
http://bestbinarytradingbrokers.com/
Initial deposits: Many brokers are offering forex accounts with very small initial deposits but we have to check all these, some brokers say something but do something.
Ease of deposits and withdrawal: we need to check the findings and deposit facility too, how many options are there and how easy for the clients etc.
Currency pairs: we are trading here for earning money and we need to check the availability of the currency pairs and their spreads.
Trading Platform: the most important points for the forex traders, we need to check the platform is easy to use or not.
Customer services: Another important issue to check, we need to check is there any opportunity to take live chat, and how quick the support team response etc.
beside above factors we need to check some other issues
1. execution time
2. Bonus facilities
3. PAMM account facility
4. Copy trade facility
I think we can check all these above characteristics available at instaforex (https://www.instaforex.com)and we can say the instaforex is the best forex broker in the world.
Thanks for the advises!
soniailyas
2015-11-02, 02:17 PM
internet per search ki jay tu bohat se iysy brokers mil jaien ge ke jin per ihtamad kia ja sakta ha and apni investment se un ke trading ki ja sakti ha and is ke elawa international broker telash kerna acha ho ga.
forexxxx
2015-12-12, 03:43 PM
Insta forex is the best forex broker I have ever seen This broker have secure method of deposit and withdrowl , large PAMM managing account , big quantity of active member , smooth trading platfrom , good customer care service and well regulated broker that place first in Asia forex broker..
Shawan Kapoor
2016-02-13, 03:49 AM
Broker k bare mai pochna chaiya tab hi hume ache broker k bare mai pata chale ga. Koi bhe bariya broker hoga to who regulated hoga aur support bhe 24 ghante on rehna chaiya tab hi hum acha rahi ga magar ya boht kam broker k sath hota ha. Maine FreshForex k bare mai pata kara ha aur ya regulated ha sath mai acha support bhe deta ha 24 ghante ka to sab acha ha in k sath.
VikramSingh
2017-01-24, 10:46 AM
It wasn’t tough for me at all with finding OctaFX. They are the leading broker in the industry with been regulated plus a true ECN and that too an award winning one, so I feel absolutely privileged to be part of such company. I don’t think we should even doubt it slightly about how good they are as in just 4 years, they have won 16 awards which shows how good they are and helps us in trading greatly and keeps me comfortable.
ALl of the focuses you compose over is necessary should discover a great specialist. To do An trade, its extremely critical with find a great intermediary. Without useful intermediary On we need to would exchanging At that point we might lose our cash. There need Along these lines A large number trick specialist who might make our cash. Something like that in front of begin exchanging take a gander at those specialist point of interest Also their permit. And likewise search at their client help.
jamalmolla5
2017-01-27, 10:04 AM
Mujhe zada time nahi laga acha broker find karne mai kiu k 2 cheze boht zaroori hoti hain jo boht hi kam broker mai milti ha to mere lia find karna boht asan tha. Maine FreshForex ko join keya kiu k ya boht hi reliable aur established company ha peechle 12 saal se service derah ha aur is k ilawa yahan boht hi ala faciltieis ha jis mai 48% Annum jesi schemes bhe hain.
AlanAlan
2017-02-14, 07:06 PM
Hi, everyone
If you are looking for a reliable broker, I recommend you to check protect on a website. I know one broker with a license, It's Finexo. But there are many companies like this
It's good if they are CySEK license on the website, because It's you can very fast check on the official site
Rameez Kapoor
2017-02-23, 10:41 AM
Mujhe zada muskil nahi hui broker dhundne mai kiu k mere dosto ko experience hai jinhone mujhe FreshForex broker suggest keya tha jo sab se best ha aur har savulat ha. Is mai phir chahe 48% Annum scheme ho, Mega Rebate ho jis se hume 20 USD per lot size tak milta ha ya phir 1 USD Signup offer jo yahan sab ha.
bosslady
2017-02-23, 01:18 PM
There are plenty of good foerx brokers as well as bad ones too, you just have to be able to find the right ones but they are there that are concerned with your welfare, finding the right one is essential, you can mess yourself up with the wrong forex broker.
apologyx48
2017-02-23, 01:56 PM
I think a good forex broker is instaforex forex . from this market one can earn much money within a short time and if we follow all important indicator we can get the favourable position in the forex market .I always follow rulse and regulation before trading in the forex market .so in this way I find a good broker that instaforex
trader30
2017-02-23, 05:51 PM
I think there are few things to become a good broker:
History, press, reviews and regulations.
Only after that i'm thinking to open trading account to any broker.
Also, very important to use rebate services.
Friend, can you recommend any of them?
maxwill
2017-03-14, 01:49 AM
I think there are few things to become a good broker:
History, press, reviews and regulations.
Only after that i'm thinking to open trading account to any broker.
Also, very important to use rebate services.
Friend, can you recommend any of them?
Good factors to consider, then we can add the commission the broker charges too, some are not all that transparent. Very important as well is the means of deposit and withdrawal they broker offers, because this can be a stumbling in the future.
Bajaj Vasu
2019-09-21, 02:19 PM
I think it’s simple that we have to do research in order to be able to find a good broker. It’s not simple or easy but with efforts it’s possible. I work with FreshForex and they are regulated plus have a lot of features and facilities that makes them so special.
Quintagueli
2020-07-31, 07:21 PM
I checked the information on the network for a long time and could not decide, but after a while I settled on the expertoption choice
Elililisha
2020-08-06, 10:03 PM
how long ago a friend advised me, because through the network I could not decide for a very long time
Ficerhakof
2020-08-11, 10:19 PM
after the previous broker simply blocked the account for no reason, on the advice of a friend, I switched to the platform from expertoption, I would especially like to note the supports who will always help and prompt!
Samranfaizan220
2020-11-07, 08:34 PM
आज बाजार का रुझान: बेचना
प्रतिरोध और समर्थन संकेत भी नीचे जा रहे हैं
परवलयिक सर बोलिंगर बैंड आरएसआई संकेतक भी बाजार को नीचे बताते हैं
इसलिए स्थिति के बारे में सोचें और फिर ट्रेडिंग के लिए आसानी से निर्णय लें
विदेशी मुद्रा व्यापार दुनिया में एक शक्तिशाली व्यवसाय है
Merabnoor123
2020-12-02, 12:45 PM
is ma ap koi bhi chet mahdod numbes tak nh kar skta ho kiu ka ye ik imandar or acha ha is ma koi bhi fake broker tarding nh karta
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