What are looking for in a good broker?

[neil92]

bhai ji main toh ye dekhta hoon ke kita trusted hai mainne insta join karne se pehle bahut se forum se infomation li thi aur mujhe iska positive review mil sabhi jagah se uske baad maine join kiya aur insta achcha broker hai inka customer support bhi achcha hai sab kuch timely hota hai.

[torque41]

Goopd broker mai sab se ach icheez trust hi hoti haiaur customer serivce hai agr ye dono cheeze achi hai to phr aik broker bht achah ia aur aisa hi hota hai jo acha broker hota hai uske saath

[hasnainbwn]

forex ke trading main agr ap ka broker best hai tu phr trading krne main bht zida maza ata hai kun ke hum forex ke trading se he eanring krte hain or broker acha hona bht zia important hai forex main,

[apt51083]

expedite that uses commissions may charge a defined rate of the spread, the contrast between the offer and solicit cost from the forex pair. On the other hand, numerous specialists publicize that they charge no commissions, and rather profit with more extensive spread

[mukeshfx]

Ek good forex broker ko choose karne ke liye humen kuchh baato par dhyaan dena hoga jaise ki forex broker regulated hona chahiye aur uska server bahut fast hona chahiye taki hum apne trades ko open aur buy karne ke liye jyada time nahi dena pade.

[apt51083]

traders ought to verify the stage and any product is not difficult to utilize, outwardly satisfying, has a mixed bag of specialized and/or principal examination instruments, and that exchanges can be entered and left without breaking a sweat. This last point is particularly essential

[shinaforex1]

What i want most from a good broker is the ability to execute trade in time and also the way to handle trade on my own with the broker disturbing me in the market.the spread too is another thing that trader need to look into to make good trade

[d5358]

GOOD BROKER SHOULD HAVE
1. Regulatory Compliance
2. Account Details
Each forex broker has different account offerings, including:
3 Leverage and Margin
4 Commissions and Spreads: A broker makes money through commissions and spreads. A broker that uses commissions may charge a specified percentage of the spread, the difference between the bid and ask price of the forex pair. However, many brokers advertise that they charge no commissions, and instead make their money with wider spreads. For example, the spread could be a fixed spread of three pips (a pip is the minimum unit of price change in forex), or the spread could be variable depending on market volatility. A EUR/USD quote of 1.3943 - 1.3946 has a three-pip spread. That means that as soon as a market participant buys at 1.3946, the position has already lost three pips of value since it could only be sold immediately for 1.3943. The wider the spread, then, the more difficult it can be to make a profit. Popular trading pairs, such as the EUR/USD and GBP/USD will typically have tighter spreads than the more thinly-traded pairs.
5 Initial Deposit: Most forex accounts can be funded with a very small initial deposit, even as low as $50. With leverage, of course, the buying power is much greater than the minimum deposit, which is one reason forex trading is attractive to new traders and investors. Many brokers offer standard, mini and micro accounts with varying initial deposit requirements
6 Ease of Deposits and Withdrawals: Each forex broker has specific account withdrawal and funding policies. Brokers may allow account holders to fund accounts online with a credit card, via ACH payment or via PayPal, or with a wire transfer, bank check or business or personal check. Withdrawals can typically be made by check or by wire transfer. The broker may charge a fee for either service.
73. Currency Pairs Offered
While there are a great deal of currencies available for trading, only a few get the majority of the attention, and therefore, trade with the greatest liquidity. The "majors" are the U.S. dollar/Japanese yen (USD/JPY), the Euro/U.S. dollar (EUR/USD), the U.S. dollar/Swiss franc (USD/CHF) and the British pound/U.S. dollar (GBP/USD). A broker may offer a huge selection of forex pairs, but what is most important is that they offer the pair(s) in which the trader or investor is interested. (For more information on the major pairs, see our tutorial on Forex Currencies.)

4. Customer Service
Forex trading occurs 24 hours a day, so a broker's customer support should be available at any time. Another consideration is the ease with which one can speak with a live person, rather than a time consuming, and often frustrating, auto attendant. When considering a broker, a quick call can give you an idea of the type of customer service they provide, wait times and the representative's ability to concisely answer questions regarding spreads, leverage, regulations and company details. These details include how long they have been a forex broker and the size of their trade volume (larger brokers generally have access to better prices and execution).

5. Trading Platform
The trading platform is the investor's portal to the markets. As such, traders should make sure the platform and any software is easy to use, visually pleasing, has a variety of technical and/or fundamental analysis tools, and that trades can be entered and exited with ease. This last point is especially important: A well-designed trading platform will have clear �buy' and �sell' buttons, and some even have a "panic" button that closes all open positions. A poorly designed interface, on the other hand, could lead to costly order entry mistakes, such as accidentally adding to a position rather than closing it, or going short when you meant to go long.Other considerations include customization options, order entry types, automated trading options, strategy builders, backtesting and trading alerts. Most brokers offer free demo accounts so that traders can try out the trading platform prior to opening and funding an account.

The Bottom Line
If you have confidence in your forex broker, you will be able to devote more time and attention to analysis and developing forex strategies. A bit of research before committing to a broker goes a long way, and can increase an investor's odds of success in the competitive forex market. (For related reading, also take a look a

[vicky971]

bhai ache broker ma ye ke spread kam ho, payout instant ho, or is thara ki sb khubiyan instaforex me ha bhai, ap is instaforex broekr per trust kr ke is me invest kr ke tradng start kr skte hain

[ravi.vashistha]

Actaully, Different broker use different Swap and spread, So generally, we need to see the swap charges, Spread charges and also issuing the fund when we need withdraw.