Some tips about choosing Brokers.

[Overnight]

This thread reminds me of bots. I mean, I asked a valid question a year ago, and it was never answered. https://www.elitetrader.com/et/threads/some-tips-about-choosing-brokers.360238/#post-5422269

Let's see if we can shake it up a bit.

 

[Abbas Ali Khan]

This is where I say folks should know what sort of traders they want to be before they choose a broker, so they will register with one that suits them because a broker might be good for another but not for you.
While a friend was recommending Forexchief for me I hesitated and told him I have to do my findings first. After some efforts of research I agreed to registered because they were exactly what I needed, especially because they host a library of trading content, including investment articles with the latest tips, forex trading strategies and more. This was something I always wanted with a broker.

thanks for nice information

 

[PeterNguyen]

Don't be afraid to check out multiple brokers and compares between them. Each broker will have its own perks that can be suitable for different types of traders. However, never trade with an unregulated broker as you want to avoid scam broker.

 

[Abbas Ali Khan]

before choosing a broker traders should focus on FPA where all traders express their views about their brokers performance.

 

[JimmyChoo]

the broker can affects the result of our trading with certainly , so we the traders should choose the broker which has exclusive trading facilities including security of funds.

 

[Ahmed Solaiman]

we the traders should choose the broker which is more appropriate to the concept of trading that will be used.

 

[Cholas]

the broker can affects the result of our trading with certainly , so we the traders should choose the broker which has exclusive trading facilities including security of funds.

And more importantly they should be regulated and licensed, this is one of the best ways to feel a sense of security with a broker. I only registered with forexchief after I verified their regulation status, it was only when I saw that they are regulated and licensed by VFSC and FMA respectively before I felt at ease.

 

[Henry520]

right now most of the brokers offer micro account for beginners , this is really supportive for scalpers.

 

[Gianna Monaldo]

@Henry520 I agree, currently using small accounts on coinexx as well as lmfx for trying out few small-timeframe strategies. Exploring more options as well!

 

[Svetlana Loboda]

i think your post is more appropriate in broker discussion section. it sounds an inappropriate advertisement.