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  1. #31
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    there are many things about a broker that can be learned from online forums where you can learn about the broker. You can also trader with broker where already some of your acquaintance is trading, like i ve joined liteforex as y friend was already trading there and i dont have to worry about it.

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    There are a lot of broker in whole world for Forex trading. We have to chose very carefully in which broker we should trade. There are some point to look at about broker such as spread, regulated or not,execution time etc.

  3. #33
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    - fuctions consistency
    - regulations
    - honesty
    - transparency
    - as long as we have a chance to earn then its good
    - good reviews and feedback

    its easy to notice a broker who is constantly trying to improve, in the end even brokers are businesses owned by someone who wants it to grow. my choice is hotforex.

  4. #34
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    There are many things that I would put down to advantage and benefits, but one of the most important things for me to see is these



    I am lucky to have broker like them because they have given me everything that I could ever and I really mean ever wish for, so that’s why I find it so good with them and always allow me to trade nicely.

  5. #35
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    I can’t go on with 6 things, but few things that I consider highly important is broker been regulated plus a reputed company, it’s all what I need and is one big reason why I enjoy trading with them. Right now, I am trading with OctaFX broker where I get huge benefits whether this is to do with low spreads starting from 0.1 pips, zero balance protection, 15% stop out levels plus much more, it’s just terrific and really helps me trade smoothly.

  6. #36
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    The first essential thing to look at is whether your broker is regulated or not. If you decide to collaborate with an unregulated broker, you’ll have no one to help you.

  7. #37
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    I agree with Princess Fuzzie that using a regulated broker is essential. You need to know that your money is safe.

    1. regulation
    2. spreads
    3. platform (MT4)
    4. deposit/withdrawal fees
    5. deposit bonuses etc
    6. bredth of markets

  8. #38
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    We just need to make sure we don’t be foolish in looking for regulated broker only, it’s must to have broker that’s reputed because it’s something that matters a lot. I have seen so many regulated brokers scamming, so established companies should also be looked at instead of just regulation.

  9. #39
    Standard Member Array Antje Wagner's Avatar
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    Quote Originally Posted by Princess Fuzzie View Post
    There are a lot of broker in whole world for Forex trading. We have to chose very carefully in which broker we should trade. There are some point to look at about broker such as spread, regulated or not,execution time etc.
    Spread should not be the first point to look at. what if you find a broker with a great spread, not only pubished on their page but truely providing that spread on a live account. that is good isn't it? so what if the same broker makes problems when you want to withdraw your money or if the broker screws you on trades. not that good right?

    so it is very important to see where it is regulated, where it is based, what the service is like etc.

  10. #40
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    Quote Originally Posted by Antje Wagner View Post
    Spread should not be the first point to look at. what if you find a broker with a great spread, not only pubished on their page but truely providing that spread on a live account. that is good isn't it? so what if the same broker makes problems when you want to withdraw your money or if the broker screws you on trades. not that good right?

    so it is very important to see where it is regulated, where it is based, what the service is like etc.
    Regulation is important point you raised in your post. I would say most crucial. I try to deal with brokers which are flawless legally, I mean there is no way for them to run with your capital without getting punished. But yes spreads can be above average brokers offer but if rest of the service is excellent, then its worth to try even paying little bit more.

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