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    Thread: Choose your broker carefully (3)

    1. #151
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      The most important and necessary to do before trading in the forex business is to choose a good broker because they play a major role in your trading, there are so many bad brokers out there so we should be careful not to make mistakes may be ask experience traders how to get a good broker.

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    3. #152
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      Default -Choose-your-broker-carefully-(3)

      Quote Originally Posted by impexo27 View Post
      Some brokers are not trusted and they will take your money and you will be bankrupt. The best way to know which broker is loyal and will not give you any tension is to check their review online. Do some research and ask you fellow traders about brokers and which one is good.
      Your broker is very important in this trading business, because they execute trades on your behalf so it's very important that we at least have some kind of knowledge of the type of broker we are using, some very fraudulent brokers are out there.

    4. #153
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      In this time many broker are available to deal in Forex trading market with huge offer so that choosing right one is very much essential to do this business, cause trader deal in this market with his own money so broker choosing is very essential to keep his money in secure. I am very much trust and happy with instaforex broker.

    5. #154
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      Some of the brokers show half information and keeps the trader in grey area some of them will completely hide important info and show you big promises we should search for broker according to our requirement not the one who is showing its good points only.

    6. #155
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      The choice of a good Forex broker can not be over emphasize simply because it requires a whole lot of effort and ensure that we deal with emotion or affection for a broker when the said broker failed all the diligence test that we did. We need to get a firm that will ensure the safety of our funds before any other thing else.

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      my favourite broker has to giving comfort in terms of deposit and withdraw, so that the flow of my money to the trading account will be much more controlled than if I had to choose a broker who has a complicated procedure to make a withdrawal or deposit.

    9. #157
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      Default Choose-your-broker-carefully-(3)

      Quote Originally Posted by impexo27 View Post
      Some brokers are not trusted and they will take your money and you will be bankrupt. The best way to know which broker is loyal and will not give you any tension is to check their review online. Do some research and ask you fellow traders about brokers and which one is good.
      Choosing a broker is very important as a trader, because it's your broker that executes traded on your behalf, you will need a trader that executes trade quickly and with low spread, it's also very important that we find out the reputation of the broker we are using.

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    11. #158
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      If you use a wrong broker, that would be to your disadvantage because as a trader the security of your investment is utmost, if you lose your money that would not be a good thing at all, make sure you do a proper review of the forex broker that you have chosen to trade with.

    12. #159
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      Yes, I think the selection of broker is important. For muslim traders, we must avoid from getting swap account. Nowadays, lot of brokers provide swap free account. In addition, we must also choose broker that provide lowest spreads especially for major pairs.
      Unleash Your Inner Potentials!

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    14. #160
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      the factor of broker to our forex success is important, some brokers are honest while some broker s are not, some designed thier platform server to work against the traders , they gives you message such as re-quote often to let you miss good entry point.some are with poor customer service relation. however we have broker like insta forex that are honest, and with superb and quality customer service relationship

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