I will choose both of them, and i also will choose broker who give me comfortable service so i can get comfort in trading and be more focus when trading.
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Are regulated broker is absolutely a trusted broker?
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Originally posted by Badger1976 View PostAlways go with a regulated broker. I was with world spreads when they went under and if it wasn't for the fact that they were regulated by the FSA I would have lost a lot of money.
What proof did you provide to FSA about your account? Emails from the broker,about account opening ?
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To determine whether the broker is trusted or not, we can see from the number of clients who use the broker. If many clients who use these broker, it's a reliable broker, because it is not possible for a trader will be trading with a scam broker.
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Originally posted by FloridaTrader View PostBeing regulated and being trusted are two different issues. If you want a broker that is reliable, find out which brokers have the Big Dog accounts such as Dukascopy which is my broker. They are the largest and I don't have any problems and I have been doing this for a long time.
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These are days mostly popular business is Forex. Most of the people want to learn how to make money through Forex. There have many Brokers in online But Many site or company cannot learn in proper way. They were make confusion new learners and also professional. New learner cannot choose which is the best site or company or Brokers. After research many site and read great author writer books, I had learned
First, learn every step to successful trading.
Second, apply those principles to a demo account until you prove you can create a positive expectation with 30 trades.
Third, start over with step one if you are unsuccessful in step two.Last edited by Biodun; 23-02-13, 04:35.
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Originally posted by zamanfx View PostYou should always choose a broker who is regulated and a Straight Through Processor (STP). There is no reason not to. You are after all trading with your hard-earned money. You want to make sure your broker complies fully with regulations and do not trade against you.
I think trust is subjective. Common sense tells me that between a regulated and a non-regulated broker, I would choose to trust a regulated broker.
There are many well-reputed brokers in the market but personally I am using FXPRIMUS as my trusted broker. They are a STP and has so far provided good trade execution. They also provide services such as coaching and SMS trade calls which can greatly shorten the learning curve of a new trader.
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It's not necessarily about regulation. Look at FXCM, they are us-regulated, yet they are still allowed to operate as a bucket-shop.
Since fx is an otc market, there is much less accountability; what you really need to look for is a broker with a good reputation and ecn access.
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Originally posted by Gaban View PostI will choose both of them, and i also will choose broker who give me comfortable service so i can get comfort in trading and be more focus when trading.
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If you want to focus on day trading in Forex, find a broker who is willing to work with day traders. Many won't, and many other traders will say that day trading is not a successful way to trade in Forex, so it may take you a while to find a broker who will support you.
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Originally posted by lollabun View PostI think, the right choice of broker instead of only in regulation but whether, the broker matches the trader wishes. I choose a suitable broker for scalping.
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Originally posted by limjackly View PostIf you want to focus on day trading in Forex, find a broker who is willing to work with day traders. Many won't, and many other traders will say that day trading is not a successful way to trade in Forex, so it may take you a while to find a broker who will support you.
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