What are looking for in a good broker?

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Originally Posted by niks

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.

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true it will make it easier when we have problems or wd daru defosit our profit. this is also caused because the market is open 24 hours for 5 days so maybe there is support for at least 24 hours in 5 days or during market open trading

For the best broker you do not have to go anywhere but it is the broker which gives you opportunity to create bonus and trade on that for making real money. Its here INSTAFOREX. Instaforex gives us very genuine way opportunity to trade on bonus and earn real money.

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Originally Posted by lax

For the best broker you do not have to go anywhere but it is the broker which gives you opportunity to create bonus and trade on that for making real money. Its here INSTAFOREX. Instaforex gives us very genuine way opportunity to trade on bonus and earn real money.

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trading using the bonus I guess a good choice because we would not be too depressed mentally when we loss or mc.
but although the use of bonuses but we must remain cautious when trading

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Originally Posted by sinjiku

trading using the bonus I guess a good choice because we would not be too depressed mentally when we loss or mc.
but although the use of bonuses but we must remain cautious when trading

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Yes, there are a lot of traders who started in forex from bonus posting because they don't want to lose any dollars in
forex trading. I started trade with bonus posting too, because I can start trading with good amount of capitals if I could
make few posts consistently everyday.

A good broker should be transparent in its dealings and they should have easy withdrawal and deposit means. Of course they should take measures to prevent fraud and money laundering. Also the spreads that they offer should be competitive. A good broker should provide multiple types for accounts for different categories of investors.

i think the best broker is one who provide best service and who have less spread of 1pip and also who process the fast withdrawals and have a good customer support and those give rebate offer is best broker as per me

The main disadvantage with the scalping is that the loss will be there if the timings of the trades are not perfected.

What i mean to say is that most of the times the traders are making the loss due to the spreads and so its advisable to use the ECN accounts for the scalping.

In my view a good broker is that who provide instant support to their clients, offer attractive spread, support trading all major currency pairs, deposits and withdrawals are fast if not instant, and is trusted and regulated by good authority. There are not many brokers that pass these tests, but there are few good brokers and insta-forex is among the top few.

I think the amount of competition among brokers will make the brokers to always make them improve their services because who could win the heart of it was he who won the competition between brokers

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Originally Posted by FxBD

I think a good broker's support should be very good.
They have instant deposit and withdraw system.

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aapne bilkul thik kaha..jin bhi traders ko apne brokers ka poora support milta hai unke liye forex trading karna bahut hi aasan ho jata hai kyunki agar aapka broker acha hai to aapko bahut achi facilities dega jaise ki quick deposit, quick withdraw, daily signals etc.. isliye forex me acha broker chun na bahut zaruri hota hai