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Selecting a good broker.....
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[QUOTE="larry_009, post: 167062, member: 61443"] To secure good returns out of trading, a trader must be really careful while selecting a broker for himself. This is the first step towards carrying out a profitable trade. One needs to screen a broker on the basis of various tests and traits to qualify him as a good broker. [LIST] [*]The spread being offered by your broker should be lesser than the other bunch of available brokers in the market. This will reduce your cost as a trader. [*]A good broker should allow you to trade in any lot size of your choice. Never select a broker who limits you to trade on certain lot sizes only. [*]User friendly trading platforms are quintessential for a positive trade. Select a trader that provides you with a wide range of trading platforms, you think are suitable for you. [*]Next comes is their support service. Always select a broker who is quick on answering your queries over phone and email. Also make a note of their opening hours. [*]Withdrawal concerned services of the broker are also a major issue to see. Be sure that your broker is quick with withdrawals and also check if he is charging any extra amount for the same or not. [/LIST] [/QUOTE]
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