angela.trninic Posted January 17, 2013 Report Share Posted January 17, 2013 I guess some of the key issues one would look at would be: 1. Is the broker a market-maker, STP or ECN type? 2. Does he allow flexible lots - I mean can you determine the size of your trade according to your risk preference? 3. Is there any restriction on the number of pips away you could place a stop loss? 4. What are the order types the platform offers? 5. What are the instruments offered? 6. Account minimum deposit required 7. Amount of leverage offered 8. Whether scalping and EA's are allowed 9. Whether properly registered with regulatory authorities, and client funds are segregated. 10. Research and charting facilities. 11. Reputation on internet forums. Think this was of help. Thank you for reading Angela Quote Link to comment Share on other sites More sharing options...
Gaban Posted January 18, 2013 Report Share Posted January 18, 2013 Thanks for sharing. So what broker do you using right now? Quote www.instaforex.com Link to comment Share on other sites More sharing options...
⭐ kaito kid Posted February 1, 2013 Report Share Posted February 1, 2013 Thank you for your recommendation to choose a reliable broker. everything you say is the criteria for the best broker. FBS has all the criteria that you provide Quote Link to comment Share on other sites More sharing options...
Gaban Posted February 5, 2013 Report Share Posted February 5, 2013 I have get the right broker. Instaforex is my choice. This broker allows their trader to do scalping and use EA, give several contest with exciting prize, All I was looking for is in InstaForex. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
Gaban Posted February 14, 2013 Report Share Posted February 14, 2013 I think these are some considerations for choosing a broker1.) Customer ServiceMost importantly, a broker's customer service must be excellent! 24/7 customer service reps available is an absolute must & you can't do without it. A quality customer service team is the first step to finding the best broker for you.2.) PlatformAnalyze the brokers trading platform. Are you comfortable with it? Does it have all the necessary information you need to trade? Is there a market news feed somewhere in the corner or somewhere else on the site?3.) Mini/Micro AccountsIf you are a beginner, try looking for a broker which offers Mini & even micro accounts. For just a few hundred bucks you can test your trading skills, hone your market savy & learn the tricks of trading forex.4.) Instant Execution of Your OrdersThis is an absolute must! If execution isn't instant, as soon as you place your order, find a new broker.5.) Do Your ResearchLook online & check out forums for reviews of the broker you're thinking of trading with. Make sure that they have been around for a long time & that traders have had good experiences. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
lollabun Posted February 15, 2013 Report Share Posted February 15, 2013 (edited) Right angela, we must choose the right broker before trading in forex. i have found it in http://www.armadamarkets.com/'>armada markets Edited February 15, 2013 by lollabun Quote Super-Low Spreads and Fast Execution Link to comment Share on other sites More sharing options...
Gaban Posted February 16, 2013 Report Share Posted February 16, 2013 InstaForex is broker which i'm using now, i get the best trading condition from this broker. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
lollabun Posted February 18, 2013 Report Share Posted February 18, 2013 For the scalper traders, the speed and low spread are the best choice as the broker. i think the best places are armada marrkets. because in armada markets : Spreads as low as 0 pips No re-quotes, delays nor interventions ECN, STP, scalping, Expert Advisors Quote Super-Low Spreads and Fast Execution Link to comment Share on other sites More sharing options...
Gaban Posted February 18, 2013 Report Share Posted February 18, 2013 For the scalper traders, the speed and low spread are the best choice as the broker. i think the best places are armada marrkets. because in armada markets : Spreads as low as 0 pips No re-quotes, delays nor interventions ECN, STP, scalping, Expert Advisors The lowest spread ever. InstaForex not offer spread like offered your broker. But it's not problem for me, because they give me free capital to trade. They also offer ForexCopy System. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
usok Posted February 18, 2013 Report Share Posted February 18, 2013 always check for feed back and check rating sites and review sites for issues,like babypips, forexpeacearmy, there always a trader that has something to say about any broker, and the most important thing is to see if the broker did something about the issue, all brokers have problems, but the good once find a solution :) Quote Link to comment Share on other sites More sharing options...
Gaban Posted February 22, 2013 Report Share Posted February 22, 2013 (edited) Looking for information about broker on our forum and if we've found that if only the right broker, try trading with a demo account first. But I used to try to trade with a broker that I use now using real accounts with bonus post as my capital. Edited February 22, 2013 by Gaban Quote www.instaforex.com Link to comment Share on other sites More sharing options...
ali200 Posted March 13, 2013 Report Share Posted March 13, 2013 Each forex broker has specific account withdrawal and funding policies. Brokers may allow account holders to fund accounts online with a credit card, via ACH payment or via PayPal, or with a wire transfer, bank check or business or personal check. Withdrawals can typically be made by check or by wire transfer. The broker may charge a fee for either service. http://www.forex-metal.com/affiliate/46199/2 Quote Link to comment Share on other sites More sharing options...
Gaban Posted March 13, 2013 Report Share Posted March 13, 2013 My broker also provides a variety of methods to carry out the transaction, including paypal. But I prefer to use LR and I have never found a problem when withdraw profit in InstaForex. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
William Weir Posted December 23, 2014 Report Share Posted December 23, 2014 I really love doing Forex trading but at the same time I have a very control budget in hand to try it, hence I prefer using a broker that gives me maximum out of whatever I invest with them and that is where I seriously love OctaFX and I only choose them for trading. They have no fees system for deposit so whatever I invest I am going to get exact amount on the account and also same goes for withdrawal, so it might be small but for me saving this fees is a big deal. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 29, 2014 Report Share Posted December 29, 2014 Choose a broker is very important for traders. a trader who has the scalping trading system requires a server conditions quickly and with low spreads. for this comparison, we can see the spread between broker on the website ' myfxbook ' Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
Gaban Posted December 31, 2014 Report Share Posted December 31, 2014 choosing a broker should be done more carefully again because then we will be able to trade with the maximum and comfortable if we use the right broker. for that we need to examine the broker so that we will be able to know the quality of brokers Quote www.instaforex.com Link to comment Share on other sites More sharing options...
uncle gober Posted January 5, 2015 Report Share Posted January 5, 2015 I am glad I found them, the service is quckly and friendly, and the conditions they offer suit my needs. I always appreciate a Broker with low comissions and low spreads, it feels they are really looking for my interest. Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
Gaban Posted January 7, 2015 Report Share Posted January 7, 2015 we can not be careless in choosing a broker because many brokers scam so we need to have selective in choosing a broker. we can use a demo account or ask the opinion of a professional trader in choosing a broker for trading Quote www.instaforex.com Link to comment Share on other sites More sharing options...
gacha Posted January 9, 2015 Report Share Posted January 9, 2015 i've been with many brokers for past years, shift brokers often, as for now i use Tickmill platform as primary use brokerage service. and appears become one of my best deal as they also provide provide flexibility in trading conditions, they’ve discounted me 10 cents per side on their commission account (so now I get 3.8 $ round-turn, instead of 4 $) just because of my passionate trading (over 150 trades monthly) with deposit over 10K. Quote Link to comment Share on other sites More sharing options...
Haydar Ali Posted January 10, 2015 Report Share Posted January 10, 2015 Yes, my points was same before choosing my trading broker. I was also very anxious about my capital security in a broker. The problem is, maximum new Forex traders are unable to know the different with a scam broker from a true ECN trading broker. Therefore, they lose their trading confident for using market maker trading brokers. BY the way, I have managed most secure trading platform which ECN trading broker has 12 years trading experience and also has been awarded as ‘Best Forex Broker’ for several times that is ‘GCI’. Yes, I invest my capital in GCI Financial trading broker. Still, I never faced any kind of problem in this dependable trading platform. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 12, 2015 Report Share Posted January 12, 2015 Brokers who gives the satisfaction of existing facilities will make traders like to trade. The main satisfaction desired by the trader is fluency in terms of withdrawals and deposits. Now I feel comfortable in the broker that I use now Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
Gaban Posted January 13, 2015 Report Share Posted January 13, 2015 we must be careful when choosing a broker because many brokers who scam. for the time being comfortable is Instaforex broker. with trading in instaforex then I can get the convenience of trading so that we will be able to trade with the maximum Quote www.instaforex.com Link to comment Share on other sites More sharing options...
William Weir Posted January 13, 2015 Report Share Posted January 13, 2015 we must be careful when choosing a broker because many brokers who scam. for the time being comfortable is Instaforex broker. with trading in instaforex then I can get the convenience of trading so that we will be able to trade with the maximum You made a very valid point as security is often the biggest issue which we ignore, so they just start up with any broker and worst part is some brokers pretend to be ECN but in reality so it is tough to avoid scam in this scenario. I would suggest you to try OctaFX broker as they are a true ECN company and it will really make you forget every time due to their fabulous facilities like low spread of just 0.2 pips, so do check it out. Quote Link to comment Share on other sites More sharing options...
Gaban Posted January 14, 2015 Report Share Posted January 14, 2015 I already comfortable trading in instaforex. The broker can provide the convenience of trading. By using the bonus trading post so I can trade comfortably and safely. many who've tried trading here Quote www.instaforex.com Link to comment Share on other sites More sharing options...
gacha Posted January 18, 2015 Report Share Posted January 18, 2015 perhaps you may want to consider a brokers who survive the recent SNB aftermath. got and email from TM, no profit cancelled, got this email day after made 3400$ withdrawal from 30 minutes trading with GBPCHF!Dear meAs you may already know, yesterday morning there was a very sudden and massive move in Swiss Franc pairs.CHF pairs have never seen this record-high volatility.Within few moments EURCHF dropped to below 1 from an early morning solid-high above 1.20. Other CHF pairs experienced similar extreme moves seen with EURCHF.What does it mean for traders?Of course, it was a golden-opportunity for many traders to earn quite a lot. Clients of many brokers, however, were not able to profit from this move due to requotes and rejects. Many brokers have started to cancel Client profits with reference to various causes and contract conditions. We are very sorry to see that happening!Why Tickmill Clients remain calm?Simple! Because as always, we didn’t issue a single re-quote and our Clients can keep their profits in their pockets.We are proud to report that it is business as usual at Tickmill as client trading and all other processes are going normally.Tickmill is proud of its strong reputation and integrity. We thank our customers for their continued loyalty and welcome new traders who want to experience outstanding service and execution.This is Tickmill’s approach to trading and serving our clients! We welcome all new Clients!Best regards,TickmillWebsite: www.tickmill.comEmail: [email protected] Quote Link to comment Share on other sites More sharing options...
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