Hello everyone, What are the criteria you are looking for first when started going to trade? Let's discuss.
I am a new trader and need your advice guys......
Thanks =(
Printable View
Hello everyone, What are the criteria you are looking for first when started going to trade? Let's discuss.
I am a new trader and need your advice guys......
Thanks =(
Well every trader has his own little list with requirements and I mostly trade only with big brokers that are regulated.
InstaForex is very good, you can even trade on a cent account where 1 pips is 0.1 cent so it can be a great practice account :) https://instaforex.com/?x=freefxbonus
- Regulation
- Spreads
- Execution time
- Support
a new forex trader really need a better broker to trade and they do not know first time which broker choose and how so no tantion have a good broker housen in asian that is insta forex you can get free demo account with unlimited $ to practice and you get
1.Regulation
2.Spreads
3.Execution time
4.Support
There are two most common ways of choosing a Forex Broker:
1. Simplified or "lazy way" which is to read broker reviews, and based on stars and feedback make a choice. There will be no guarantee, however, that a 5 star rated broker will be the best choice of you trading needs or that the reviews you have read were actually genuine.
2. Professional Way.... which is to do your own research while making reading reviews a part of that research.
there are several criteria you'll add. you would like to see out brokers and confirm they're the right match. but, i suppose the purpose is, simply, just to do your research, and realize the one thats right for you, counting on your needs and your skills/trading vogue.
well the information is very effective but what is the meaning of regulation in this context?
I have some list for you :
1. Reputation
2. Regulation
3. Spreads
4. Speed of execution
5. Minimum funds to open a trading account.
6. Margin & Leverage
7. Trading Platform
8. Technical Support
9. Additional Value Added Services, such as free seminars, technical tools, e-books, articles and even daily market analysis and update of their own panel.
This is probably only useful if you are the type of traders who trade based on fundamental analysis.
These are some tips to find a reliable broker in Forex trading, hopefully giving you enough information to choose the best forex broker.
in choosing a broker there are a few things to consider first.
The first is the amount of funds that we will trade. Because this affects the amount of funds in our selection of the broker. If our great capital, then we are much better to choose a broker with the NFA and FSA regulations. Well if our capital is small, then we simply choose a trusted retail broker.
I love the instaforex to identifi different things such -
At first i know about it from different person , they explain to me instaforex is the best from different Forex.
in the Forex a new broker can be found his expectation easily if he is efficient to trading.
Its support area is very much spreed .
it has specfic regulation.
Its execution time is better.
Such i think about the different and select the instaforex.
if you want to choose a broker, needs to reviewed once the following thing : security and easy for deposit and withdraw, regulated companies, which are applied laverage system, trading system that allowed, the minimum deposit, and others. but the most important for a new trader is the easily verification of accounts, the small deposit, low spread and convenience to withdraw