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Top 3 Characteristics of a Forex Broker

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  #1  
Old 21-03-2016, 07:43
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Default Top 3 Characteristics of a Forex Broker

1. A good Forex broker is highly reliable.
2. You need to look the trading platform of the broker.
3. The broker should be available on all the working days.
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  #2  
Old 30-03-2016, 15:02
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Default Re: Top 3 Characteristics of a Forex Broker

Quote:
Originally Posted by adamsmiths View Post
1. A good Forex broker is highly reliable.
2. You need to look the trading platform of the broker.
3. The broker should be available on all the working days.
Of course all of these points have already understood by the broker it self.
More reliable and fair is liteforex because they are very senior broker and face many kinds of problems.
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Old 06-04-2016, 07:53
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Default Re: Top 3 Characteristics of a Forex Broker

I was wondering how can we assume a broker to be reliable without trading with them. I guess these few points should be noted while considering a decent broker, i hope it helps.

1. Spread
2. Leverage
3. Trading Platform
4. Customer Services
5. Withdrawals

It is also important to start with minimum amounts to test the broker internal processes or you can try their demo account first before opening a live account.
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  #4  
Old 29-06-2016, 02:06
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Default Re: Top 3 Characteristics of a Forex Broker

Every trader has different options regarding the broker to be used. It depends upon the trading system will be developed and applied in trading. I chose TICKMILL because the broker is very convenient to trade with scalping techniques.
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Old 01-07-2016, 02:38
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Default Re: Top 3 Characteristics of a Forex Broker

Foreign Exchange or Forex as it usually known is really a good place to make your living, but you got to know what you are doing. Donít just open an account and start trading because you will lose your money.

Before trading on live account, try to read educational materiel on the subject, learn the technical analysis techniques and fundamental techniques. Find a good broker that has good reputation Like on TICKMILL
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  #6  
Old 01-07-2016, 12:17
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Default Re: Top 3 Characteristics of a Forex Broker

Quote:
Originally Posted by unclegober View Post
Foreign Exchange or Forex as it usually known is really a good place to make your living, but you got to know what you are doing. Donít just open an account and start trading because you will lose your money.

Before trading on live account, try to read educational materiel on the subject, learn the technical analysis techniques and fundamental techniques. Find a good broker that has good reputation Like on TICKMILL
Thank y you for your nice comment. Actually, by and large traders practically try to make money from this volatile trading place without learning. And they fall a great loss due to lack of exact trading knowledge. so, before making money we have to acquire proper trading knowledge by learning .
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  #7  
Old 28-05-2020, 14:42
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Default Re: Top 3 Characteristics of a Forex Broker

I would add proper regulation. There are too many scammers out there in the forex industry to even try and trade with an unregulated company.
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Old 15-09-2020, 15:58
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Default Re: Top 3 Characteristics of a Forex Broker

As far I am concern, it is about having a broker with good reputation, regulation and reasonable facilities. It all is what takes me to FreshForex broker. It is one of the best out there with low spreads, high leverage, over 130 instruments and mighty rebate scheme as well.
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  #9  
Old 11-12-2020, 14:39
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Default Re: Top 3 Characteristics of a Forex Broker

I think fair trading fees and low withdrawal fees. They should also offer a lot of currency pairs and need to have a great platform with advanced charting.
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  #10  
Old 12-12-2020, 05:05
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Default Re: Top 3 Characteristics of a Forex Broker

There are several criteria for choosing the best broker.
Here are the most important:

1.Regulation.

2.Fund Security.

3.Available Markets and Instruments.

4.Quality of Execution of Orders.

5.Proposed Trading Platforms.

6.Authorized Trading Strategies.

7.Spreads and Brokerage Fees.

8.Training Offer.

9.Customer Service Quality.

10.Proposed Account Types.

11.The Opportunity to Choose Leverage.


ECN Forex Brokers
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