How to choose a good forex Broker?

good forex broker have some main things good like their support, Spread, Deposit and withdrawal option and also time period for deposit and withdrawal, Trading platform all these we have to watch for good broker

nobody else is aware of a broker higher than its shoppers, and therefore it might best to seem on just what the shoppers of the particular trader say, you'll realize the opinion of individuals on diferent boards and forums, conjointly you'll check whether or not the broker is regulated, how long he's serving the market etc. to actually type your opinion.

Choosing a good forex broker is one of the most important decisions you need to make at the beginning (or at any point) of your forex trading career. Do not take this decision lightly, but at the same time don’t stress over it – the process does not need to be complicated – just like in your trading decisions, once you do your homework, things tend to fall into place. Chance favors the prepared trader and everything you need to make an informed decision is listed right here. All you have to do is follow the advice given and you will find yourself a broker that suits your needs.

Day 1 of the Morning Star pattern for the Midcap 400 (MDY) chart above was a strong bearish red candle. Day 2 continued Day 1's bearish sentiment by gapping down. However, Day 2 was a Doji, which is a candlestick signifying indecision. Bears were unable to continue the large decreases of the previous day; they were only able to close slightly lower than the open.

naturally we feature a number of queries with the starting in this business, however i are all lucky out to be in for this forum as a result of we are able to get any queries for this forum that deal chiefly concerning technical trading.

I am no idea about this because i am newbie in forex and now i have no real account. But i see this thread and i hope i have some idea about this. I try to understand about forex trading and then select a good forex broker for trading in forex.

Choosing right forex broker is a very important task in forex trading.There are lots of scamers here and there.A good forex broker must be regulated by legal authority like FSA or others.Because security of your money is the first.A good broker must have good execution speed and also have a low spread.Deposit and withdrawal system must be flexible.A good broker should not cut customers profit and should not deal against its customers.

There are thousands and thousands of forex brokers providing forex investment services to the clients.
Are all of them good, Trust Worthy? Absolutely Not. Many are just scams. What must we look into when we search for the best forex broker?
1)The Best Forex Broker must be a regulated broker and must act as per the regulations of the country where they are located. So you must see whether the broker is regulated or not?
2)must accept hedging. With new rules of USA hadging was banned and most of USA brokers are not accepting hedging. A broker with hedging is always considered as best forex broker.
3)must allow scalping. Scalping is a easy way to make money since we use small fluctuations too.
4)must have a lot of deposit and with drawal options. Many brokers are just accepting wire transfers. They must have PayPal, MoneyBookers, Liberty Reserve and so many options. Some brokers are even providing a free debit card for the clients so that deposits and withdrawals are much easier and fast.
5) must have no restrictions for the use of expert advisors. Since forex success is indirectly proportional to fear and greed, a emotionless trading is must which is easily possible with expert advisors.
6) must have a minimum deposit requirement to open live account. With some brokers we can even trade with just 1 USD. Some brokers are even providing cent accounts.
7)must have a maximum leverage. Some brokers are evn providing 1:1000 leverage. Anything between 300 to 600 is good for trading.
8)must give a good education in Technical and fundamental analysis to the clients and enable the clients become pros in trading.
9)must regularly send the analytical reports to the clients through emails. Some brokers are even providing free trading tips.
10)must have good 24*7 online support with online chat facilities and they must have easy access.

the main items and this must be careful and that we have got picked as a way never to slide with all the dealer defrauding people and also rob the whole funds and that we tend not to desire that will, so we should do sensible choice

The broker with good reputation and legally bonded regards. Quick and easy transaction of deposits and withdrawals with reliable acts are must. Easy and small brokerage. Custom services should be reliable and other formalities as mentioned by other members.