How to Choose a Forex Broker?

[Rambo35]

I think you should ignore what you read from others about brokers, do your own research and pick one that fits you well. Reviews are essentially worthless as you do not now who writes them and what the purpose of writing it was. A lot of negative reviews are written by other brokers in order to trash their competition or traders who lost money and blame their broker for their trading loss. Other did not read the terms and conditions when they accepted a bonus and got angry.

[Guest FloridaTrader]

I think you should ignore what you read from others about brokers, do your own research and pick one that fits you well. Reviews are essentially worthless as you do not now who writes them and what the purpose of writing it was. A lot of negative reviews are written by other brokers in order to trash their competition or traders who lost money and blame their broker for their trading loss. Other did not read the terms and conditions when they accepted a bonus and got angry.

 

Totally disregard this posting. You should always regard what others post about brokers. The biggest mistake a trader can make is to overlook the advice of others. Stop giving bad advice to others here and post responsibly. You are new here and the members on this forum can tell by posting histories which member has credibility and can be trusted with their postings.

Edited May 2, 2013 by FloridaTrader

[tonnymak]

Now i am happy to listen to that you've identified broker which in turn supply you with comfy support. Achievement for you.

[gery dum dum]

I think comments are good to look back at...but still some people reacts unobjectively so we can achieve wrong opinion from them. I think that the best way to choose broker is an attentive reading of the agreements and trading conditions + experienced (!) traders feedbacks

[⭐ kaito kid]

I think comments are good to look back at...but still some people reacts unobjectively so we can achieve wrong opinion from them. I think that the best way to choose broker is an attentive reading of the agreements and trading conditions + experienced (!) traders feedbacks

 

right, by reading the rules will make the traders aware of the rules. the agreement can be seen on all the existing clause. thus traders can see how the broker responsibilities in protecting its customers money.

[Pipcrusher]

-Low Overall Trading Cost

-ECN, DMA

-Low slippage

 

These are my main things what I look in a broker

[Scarlett Mason]

Its very important for forex trading to choose a good forex broker.if you want a good forex broker you may look some things like 1.Is this broker registered with any regulating authorities? 2.How much or how little leverage will a broker give you?3.Does this broker offer premium services such as charting, news feeds, and market commentary? i think it may work to choose best broker.

[Heyes1929]

Hello everyone, let me introduce myself, i am a new trader and recently i looked out into this world. Not knowing much about this market i slingshots on the first site i found, wrong thing you should always inquire. Anyway i went on 4xp.com and i signed up. I had quite a few problems in doing so. I told you that i was not practical :)

However, the account manager Sara ferrari contacted me and I must say it was very friendly in guiding me in the process of activation. Now i hope that everything is fine

[Heyes1929]

Go on FPA and choose the best one!!!>:)

[Thintwit1954]

Please try trading with InstaForex and enjoy the facilities provided red broker. :D

 

InstaForex it's a scam site!

[Heyes1929]

Choose broker which Trusted, reliable, give comfortable service and has quick responses.

[Heyes1929]

I heard that Oanda is really good broker, but depends on what is your strategy

[Klimov]

I used to trade with multiple brokers and, as for me, FreshForex gives the best conditions for trade. The platform operates smoothly. They offer a good selection of accounts with different trading instruments, you can open several accounts. No minimum deposit, you can start even with $10. Orders never hang and are closed on time. Money is withdrawn quickly, in any amount and for any kind of withdrawal: Card, electronic systems, bank transfers.

[usok]

what other broker you traded with aside from fresh? any specific comparison maybe?

[Vikram]

You should analyze the past records of the brokers and than can select the best from it. I have earned very much from my broker and never faced any difficulty while trading. I am happily trading now.

[caveatFx]

-Low Overall Trading Cost

-ECN, DMA

-Low slippage

 

These are my main things what I look in a broker

 

 

I think I know a broker that you are looking for. maybe you can try tickmill.

Because of my knowledge Tickmill provide trading conditions exactly as you wish.

With spreads as low as 0 and low $4 commision / lot, its cheap i think

[Vikram]

You can analyze their past records or take reference of the traders who are working with them but the best way to choose a broker is to trade with them without hesitating. I have changed many broker until I found my current broker who helped me a lot to make more and more profit.

[shoushe]

I was looking for a swap-free account and most broker offer swap fee with some tough conditions, but a broker I found out is Vinson Financials offer swap-free without any conditions, but the restriction is free swap only last for a number of day.

[TahaFX]

good regulation, little spread floating, fast execution to open position and exit position, easy deposit and easy withdraw, good support from front desk.. etc

[Gaban]

broker is the main reason trader can be success, i think u should search broker that give u a good facility and many bonus.

[sleepy1713006117]

Thanks for the info

[Klimov]

FreshForex offers Swap Free account - a special account, which does not charged swaps. You can use it without any conditions. All additional information can be found on their website

https://freshforex.com/traders/trading/swap-free/?switch_lang&_ga=1.29060412.145746368.1442941013

[Nikson]

I trade with liteforex , they have good trading conditions

[Gaban]

just make sure the broker can support u trading by help ur technique, just like if u scalper trader u will do open position and close it in a minute or a hour, u will do it many time at one day, so u need broker that give u small spread.

[Cochran]

Everyone would have different ways toward selection of the broker, but my personal choice is to go with one that’s regulated and have reputation and what’s better than FreshForex? Just check their review section and everything will be crystal clear to all!