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Yes, majority of the retail forex traders is scalper and a scalper requires very good order execution because some times scalpers have to close orders with the profits of 1 or 2 pips when they realize that market is not going in their direction any more.
usually a good forex brokers have participated and registered under the financial institution in the country where the forex broker is based or operates and majority of the retail forex traders is scalper and a scalper requires very good order execution.
A good broker should have following qualities.
1- Should be STP or ecn and they should not trade agasint their clients.
2- Should allow hedging
3- Should have good order execution
4- Should be free of off quotes re quotes and slippages
5- Should have good online support team
6- Should have Mini and Micro accounts
7- Should be a regulated broker
8- Should pay attention to clients interest
9- Should have low and competitive spreads
I have almost the same preferences about a good broker stated by you. For me deposit and withdrawal both are of very important nature. As far as re-quote is concerned it may the problem of our internet connection. A very quick responding Live Support is very much essential for a good broker.
Yes, Insta Forex has all your required qualities and it is not only suitable for you but it is the best for almost all the traders because additional to all your requirements Insta Forex is paying us the bonus to trade via this forex forum and there are a lot of demo contests by which you can wing a lot of bonuses for trading.
Well, when I choose broker to trade I look for what they have to offer me. I investigate about them very vividly. I try to know following things about them:
-if they are involved in illegal cases or not
-special trading features they allow
-their legal certification
-their leverage and commission charges
A good forex broker should be
reputable and have a big name in the
market with many clients. Broker should provide all
expertise and assistance to its
clients. Also there should be no
problem at the time of
withdrawal.
A good forex broker should be
reputable and have a big name in the
market with many clients. Broker should provide all
expertise and assistance to its
clients. Also there should be no
problem at the time of
withdrawal.
We are looking for 1:1000 leverage. This is to get some more profits and also to try a strategies. This is possible. Because, there are brokers who offers 1:1000 leverage.
Good broker should registered under proper authorities. It should have 24*7 assistance.
Less spreads , flexibility and reputed.
Also not to known for scams previously.