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Traders often shun freshly created brokerage companies. But even trading with a new broker can be justified:

  • You wish to benefit from various promotions and bonus offers that are common on new brokers' launch.
  • You want to enjoy a very responsive customer support service as there will not be to many traders to keep it busy.
  • Their trading servers may also be much more responsive than the overloaded servers of the old and established brokers.
  • If you plan to deposit a huge amount of money, you can try dictating your own conditions to a new broker, which will do its best to keep big clients.