limjackly Posted February 26, 2013 Report Share Posted February 26, 2013 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. http://forexcepat.com/indv1/happy.gif Quote Link to comment Share on other sites More sharing options...
Gaban Posted March 1, 2013 Report Share Posted March 1, 2013 I 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. Yeah, i also choose broker which give me comfortable service. There's lots of good broker, but the broker is not necessarily convenient for us to use trading. Convenience when trading is needed in order to maximize trading results. And I've found the best broker that provides comfort when trading. I hope all of trader will find it too. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
⭐ kaito kid Posted July 17, 2013 Report Share Posted July 17, 2013 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. http://forexcepat.com/indv1/happy.gif in my opinion, to choose a broker is to see the promotion given by the broker. I guess with the bonus of a broker will add profit to the trader one of which is a welcome bonus. welcome bonus will increase the resistance margin in forex trading. with $ 100, in the FBS there are 50% welcome bonus program so that your money will berambah be $ 150. Can be used to add a lot in forex trading so that the resulting profit will be greater. Quote Link to comment Share on other sites More sharing options...
ashleyoz Posted December 16, 2013 Report Share Posted December 16, 2013 Yes I think so! Quote Link to comment Share on other sites More sharing options...
diana yes Posted December 17, 2013 Report Share Posted December 17, 2013 It depends,but for me I choose a broker that suits for me and a broker that makes me feel safe. Quote '>http://goo.gl/2tXSkLgoes global Link to comment Share on other sites More sharing options...
rrayne2009 Posted January 15, 2014 Report Share Posted January 15, 2014 in my opinion, to choose a broker is to see the promotion given by the broker. I guess with the bonus of a broker will add profit to the trader one of which is a welcome bonus. welcome bonus will increase the resistance margin in forex trading. with $ 100, in the FBS there are 50% welcome bonus program so that your money will berambah be $ 150. Can be used to add a lot in forex trading so that the resulting profit will be greater. Searching for brokers online will inform you as to which brokers you can trust. You can find out information about Forex on forums and message boards. Having a good source of reliable information about brokers will empower to you minimize the risk of losing money due to fraud. Quote Link to comment Share on other sites More sharing options...
Gad Posted February 27, 2014 Report Share Posted February 27, 2014 I think a regulated broker is a nice choice for us better than if we choose a broker that not regulated. Because like you said that there's no guarantee that a regulated broker will always keep clean and be a trusted broker. of course, due to the lack of regulation we are more assured as a customer. Quote Link to comment Share on other sites More sharing options...
xshot007 Posted February 28, 2014 Report Share Posted February 28, 2014 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. Quote Link to comment Share on other sites More sharing options...
Gad Posted March 11, 2014 Report Share Posted March 11, 2014 Always 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. They were offering zero spreads which I think pushed them under. I think the lesson here is; if it looks to good to be true - it probably is! Quote Link to comment Share on other sites More sharing options...
gacha Posted November 14, 2014 Report Share Posted November 14, 2014 choosing broker company all about investment security, good broker will provide benefits to the trader. i'll do research on their regulation, and how the platform enviroment works, my current brokers Armada Markets Regulated by Ministry of Economic Affairs in Estonia. It means that it is not offshore islands regulated broker with weak regulation and high scam risk. any scalping EA's works well with their scalping friendly trading conditions: low market spreads (0.3 on EURUSD), no requotes, no slippage, fast execution Quote Link to comment Share on other sites More sharing options...
Forex :) Posted November 17, 2014 Report Share Posted November 17, 2014 Forex broker should be regulated by a well-known authority, but even that broker isn't 100% safe. First of all you should check reviews of broker, a demo account and make deposit and withdrawal of small amount of money. Quote Link to comment Share on other sites More sharing options...
gacha Posted November 18, 2014 Report Share Posted November 18, 2014 not all regualted brokers are trusted. past exprience there's many case where regulated brokers are accused for price market manipualtion, profit cancel, uncommon slippage etc. Regulation is the last thing i would consider, more important thing is, reliability, reputation then the regulation. Quote Link to comment Share on other sites More sharing options...
vic84 Posted December 15, 2014 Report Share Posted December 15, 2014 Regulation differ from country to country some countries have harsh policy and while some countries have lenient policies which hardly make any difference to fraudsters. Quote Link to comment Share on other sites More sharing options...
binaryowner Posted January 14, 2015 Report Share Posted January 14, 2015 Searching for brokers online will inform you as to which brokers you can trust. You can find out information about Forex on forums and message boards. Having a good source of reliable information about brokers will empower to you minimize the risk of losing money due to fraud. Sometimes online feedback matters even more than regulation. Some countries or islands have very weak financial regulation and their word and statement cost nothing. Quote Link to comment Share on other sites More sharing options...
olivers Posted January 25, 2015 Report Share Posted January 25, 2015 Depends on the country. In USA, there are rules on leverage. This may be a good or bad, depending on your strategy. Quote Link to comment Share on other sites More sharing options...
fxapex Posted January 25, 2015 Report Share Posted January 25, 2015 Regulation depend from country to country, there are countries where forex is prohibited and countries where its not prohibited but the policies to regulate it are very lenient. Quote Link to comment Share on other sites More sharing options...
stephane Posted February 10, 2015 Report Share Posted February 10, 2015 Basically it comes back to risk acceptation and broker marketing strategy. Some brokers will establish in regulated countries and will attract mainly "conservative brokers". They will generally meet higher spreads as regulated brokers will have higher costs of running their business. They will have to cope also with every new regulation political authorities will judge fit to implement. Other brokers, more and more as a metter of fact. will establish in less regulated countries. They will have lower running costs and will be able sometimes to offer you lower spreads, and no 'FIFO" or whatever rules. But you need to check the brtoke reputation twice before opening there an account (there are indeed good brokers in the unregulated world!) Last thing. Open first in demo and run it for a few months to check how this broker is doing, before deciding to go live with them. This what I am doing currently, as a review of tickmill broker performance, for I am considering to go live with them. Quote Link to comment Share on other sites More sharing options...
vic84 Posted February 12, 2015 Report Share Posted February 12, 2015 Its depends on the regulation imposed for Forex trading brokers, if the regulations are lenient then there is no use of it. Quote Link to comment Share on other sites More sharing options...
stephane Posted February 15, 2015 Report Share Posted February 15, 2015 And coming back to the basic : have clients of regulated brokers be better protected than clients of unregulated brokers during the SNB crisis. No. So the answer to your question is : No, a regulated broker is not an absolutely trusted broker. Quote Link to comment Share on other sites More sharing options...
dimas.rangga Posted March 17, 2015 Report Share Posted March 17, 2015 And coming back to the basic : have clients of regulated brokers be better protected than clients of unregulated brokers during the SNB crisis. No. So the answer to your question is : No, a regulated broker is not an absolutely trusted broker. Yes absolutely you are right, there are many fact that regulated broker do not guarantee our problems if something happen with the brokerage. just find fair and always hold their words and wealthy broker, it will make you safe. Quote Link to comment Share on other sites More sharing options...
binaryowner Posted April 11, 2015 Report Share Posted April 11, 2015 Yes absolutely you are right, there are many fact that regulated broker do not guarantee our problems if something happen with the brokerage. just find fair and always hold their words and wealthy broker, it will make you safe. What can you say about negative balance protection guys? I personally think it's bullsh@t. Glad that I don't have such suspicious "privilegies" on my broker (HF) Quote Link to comment Share on other sites More sharing options...
springfx Posted April 20, 2015 Report Share Posted April 20, 2015 Being regulated is always a guarantee and I wouldn't trade with a broker which is not regulated by any well-known institution (CySec, FCA, etc). However this is not a 100% guarantee. I have heard about rescue funds required from some institutions, but even so in case of bankruptcy these funds won't be enough to pay all investors. Quote Link to comment Share on other sites More sharing options...
fxapex Posted April 24, 2015 Report Share Posted April 24, 2015 Being regulated is always a guarantee and I wouldn't trade with a broker which is not regulated by any well-known institution (CySec, FCA, etc). However this is not a 100% guarantee. I have heard about rescue funds required from some institutions, but even so in case of bankruptcy these funds won't be enough to pay all investors. I think regulations depend from country to country, some countries might have stricter regulations and some might be very lenient with policy. Quote Link to comment Share on other sites More sharing options...
Michael Lotfi Posted July 5, 2015 Report Share Posted July 5, 2015 Sometimes non regulated broker can also be Reliable and Trusted. I have been trading with CToption broker for while and I have never faced any kinda trouble with them. I asked CTOption is they are getting a license from CySEC and they replied that they have applied. In the meantime, they are not regulated and they accept American traders. Quote Link to comment Share on other sites More sharing options...
orni308 Posted July 6, 2015 Report Share Posted July 6, 2015 Sometimes non regulated broker can also be Reliable and Trusted. I have been trading with CToption broker for while and I have never faced any kinda trouble with them. I asked CTOption is they are getting a license from CySEC and they replied that they have applied. In the meantime, they are not regulated and they accept American traders. There are many non regulated broker who are operating, and its not necessary they are fraud but most of the defaulters are non regulated brokers thats why its better to go with regulated brokers. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.