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    Thread: How to distinguish a good and bad broker?

    1. #101
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      From my point of view if you are experienced enough you can hardly noticed anything about a broker I mean the bad ones, unregulated or unregistered broker is a danger to the traders because anything can happen and they will run away with your money, it is left for us to be careful in choosing one.

    2. #102
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      One of the things you must look for before you invest with a forex broker is whether or not they have a live chat, if this is present, seek how they respond to customers complaints, because all good brokers are always interested in solving any pressing needs that their clients have through prompt responses. The bad ones don't care.
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    3. #103
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      Sometimes it can be difficult to distinguish between a good and a bad broker by just seeing them for the first time. I think we really need to know much about the company history before investing our money with any brokers. It we can easily asked around from traders that have invested with them. I think the best broker we could use are the brokers closer to us

    4. #104
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      Default How to distinguish a good and bad broker?

      It is really hard to distinguish a good and bad broker, because mostly gives the same services, but a good broker give you the good leverage, small and fixed spread, swap free account, lot of bonuses, and timely withdraws, and many other services, like instaforex is a best broker in the world according to my own view.

    5. #105
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      A good broker have the interest of their clients at heart unlike bad ones, any broker with a strong security system and good reputation is okay for me, bad brokers are not always registered and regulated anything can happen with such broker, make sure you choose the right one for yourself.

    6. #106
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      there is a way to discover a good broker and bad broker. firstly, someone can make a research for them of google,com or ask.com. carefully listen to what the audience is comment and the rate they give them can us discover a good one from the bad one.

      ---------- Post added at 02:02 PM ---------- Previous post was at 01:58 PM ----------

      and again another way to discover the bad broker from good is to carefully the read through the rules and regulations may be they observed it accordingly when using their platform to trade. observed maybe there are register or they are ECN.

    7. #107
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      A bad broker won't have multiple transaction system but a good broker will have. Reputation also matter. You can easily figure out a broker by seeing its reputation. All reputed brokers are good but bad brokers are not reputed also not regulated.

    8. #108
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      just study their responses to their clients anytime their clients has any problem and try to contact them, this is when you will know who is who in the forex market because those selfish brokers will not give you a good response during problem a so we all need to know this .

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    10. #109
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      since the advent of forex trading, the number of brokers and analysts have skyrocketed and knowing a reputable broker is difficult. The most important factor for a good broker is: efficient execution and quotes, good customer care, fast withdrawal and deposit requests,
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