When you say good manners, how exactly you judge a forex broker on the basis of his manners. Don’t get me wrong, just curious in what context the adjective was used.
What to look for when choosing a Forex broker
- Thread starter FP Markets
- Start date
What account type did you opt for? I believe this aspect is also important?
Account type is no doubt very important. I believe different brokers like fxview, ib and icm (coz I tried only these three) have different names for the accounts, like micro, mini, standard, etc. What's important to know is that each account has a minimum deposit and lots requirements and the leverage account for each also varies.
I guess margin calls requirement is also an important aspect when choosing a broker, isn’t it? Different broker’s different rules, some may prefer to close the investor’s deal while others will ask to increase the margin. Important to know which category yours fit in.
Choosing a broker also depends on the type of trading you are aiming for. Hence, first you should consider that and then go for trading.
When it comes to choosing a broker, the first priority should be to safeguard your assets. That means that the broker should be reliable enough not to steal your deposits. Secondly, you should look for a broker who operates with full honesty.. Moreover, a broker with a healthy financial situation and a good reputation will be more reliable and helpful for you.