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Why you have chosen your Broker ?

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  #1  
Old 20-07-2016, 22:19
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Default Re: Why you have chosen your Broker ?

Each the trader has a choice of the broker to be used, should the trader can choose a broker that is more appropriate to the concept of trading that will be sued, if you love scalping , should choose the broker which allows trading concept such as this.
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  #2  
Old 21-07-2016, 09:17
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Default Re: Why you have chosen your Broker ?

im trading with hotforex for the last 5 years or so, I chose them through a recommendation, and i never had any reason to change broker ever since, i do have another account with a newer broker but its a small one anyway.
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  #3  
Old 25-07-2016, 06:32
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Default Re: Why you have chosen your Broker ?

Choosing a broker is an important thing in forex trading because the broker is good then we will be able to try to trade with the maximum and comfortable. I choose mine because of its fund security and reputation in market.
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  #4  
Old 24-04-2020, 14:56
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Default Re: Why you have chosen your Broker ?

I think one of the most important factors one needs to consider when picking a broker is regulation. If a broker is not properly regulated they are not really reliable, considering the amount of scams on the market. Pick a properly licensed and overseen company to have a peace of mind when trading.
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  #5  
Old 25-04-2020, 19:01
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Default Re: Why you have chosen your Broker ?

I have selected FreshForex as my broker since they have all the ingredients to be chilled about, especially that includes the low spreads, fast execution of trades, over 130 instruments to pick from and much more. Itís just a power pack setup to help with doing everything.
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  #6  
Old 30-04-2020, 09:53
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Default Re: Why you have chosen your Broker ?

A trader should firstly work hard by himself before selecting a broker as nowadays finding a trustworthy broker is very difficult. And if you decide to choose a broker do research properly take guidance from your friends and then hire.
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  #7  
Old 21-08-2020, 05:13
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Default Re: Why you have chosen your Broker ?

Leverage plays an important role in forex return. If a broker provide a big leverage, then the return can be high with a big risk of losing money. The low leverages are a more cautious approach that provides you less return to your investment with minimum risk. Thus a forex trader should select a forex broker on the basis of types of trading and leverage.

https://www.forexstocknews.com
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  #8  
Old 28-08-2020, 22:32
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Default Re: Why you have chosen your Broker ?

Although, I have many reasons but one primary reason for me choosing FXGiants (my current broker) is the security/safety factor. It is licensed by FCA and I donít think there can be a better regulator than this.

So with such comfort in terms of safety, itís all very easy for me. Aside from this there is very good range of features to help with working, it all combines into me choosing them to be able to trade well.
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  #9  
Old 29-08-2020, 17:28
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Default Re: Why you have chosen your Broker ?

Speaking of FCA brokers, the regulator recently warned brokers to prepare their plans for Brexit because that will likely affect them a lot.
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  #10  
Old 31-08-2020, 03:07
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Default Re: Why you have chosen your Broker ?

Quote:
Originally Posted by mlawson71 View Post
Speaking of FCA brokers, the regulator recently warned brokers to prepare their plans for Brexit because that will likely affect them a lot.
Does it mean we have to move to offshore locations. I trade with Hotforex and my account is registered with their FCA branch. Am I safe?
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  #11  
Old 11-12-2020, 14:31
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Default Re: Why you have chosen your Broker ?

LMFX offers a range of tradeable instruments, including spot prices on currency pairs and metals as well as several CFD markets.

48 forex pairs can be traded, comprised of 7 major pairs, 21 minors and 20 exotics. There are 5 CFDs on commodities made up of metals and agricultural goods, 3 energy CFDs, 4 precious metal pairs, including gold, and 9 global stock indices. There are also 36 stock CFDs, made up of 15 NYSE shares, 11 NASDAQ stocks and ten assets from the London Stock Exchange.
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