I think document verification is necessary and it gives idea of broker's response as well. Moreover there should not be hurry to start trading and one should learn some basics about forex. The market is not going anywhere and we can come anytime to take our share.
I have heard lots about the slippage thing and saw slippage comparison of different brokers on autotrading platform. This is really a bad thing for auto trading actually.
Recommending is something that needs responsibility as well, I can share experience about the brokers and there are always reviews about any broker. So far, I am going fine with my broker that is present in many parts of the world and having many satisfied clients.
Cool ! Your line touched my heart as these are the brokers and liquidity providers that are taking much of the money made. But there are some traders also who are taking some share from this complex market.
This is actually what I learnt after first year of trading and it works real nice. taking the half and moving to breakeven will put us on relax mood as we know there is nothing to lose and concentrate on next entries.
Meaning of rich is actually different for different people. If a newbie is able to get around $500 per month , he can call this forex world a life changing for him but on the other hand, you cannot feel rich until you make $1000 a day. It also depends on priorities of different people.
Well, I think if we don't have limit orders then it will be a tough thing for me at least as I am making most of my traders with limit orders. This is true for all those who cannot sit for long time in front of charts so market order with bound will not help all the time.
I don't understand what the thread title indicates. All forex brokers are professional as this is not a thing that one can open just for the sake of enjoyment and fun. This is real good investment and all brokers intend to do well but some of them fail to perform good unfortunately.