Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Newbie Questions
Selecting a good broker.....
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="GazFx, post: 100005, member: 18628"] Good to see a thread about broker selection. Equally as important as a good trading strategy! As you point out, Realtrendfollower, bonuses can blur the vision just when you need clear vision the most. Forget bonuses. [B]Ask:[/B] Is the broker regulated by a credible regulatory authority? Are client funds segregated and held in trust accounts with reputable banking institutions, and are those banks local or offshore? What do clients say about the broker at Earn Forex, Forex Peace Army, and other client feedback and rating sites? And yes, the "negative balance policy" must be fully understand, which means you [B]do[/B] actually need to read the brokers' trading terms and conditions! As both Realtrendfollower and devis77 highlight, and I can attest to having suffered a $1,400 loss the day the Swiss decided to re-float the Franc, even big name brokers can go down, so be careful who you get in bed with! Only when these core questions have been answered positively should you move on to things like spreads and commissions, bonuses, payment methods, platforms, and so on. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…