Characteristic of a good broker

What will be your main consideration when choosing a good broker? What are your standards and do you faithfully follow it when choosing one? My friend want me to try Optionstars because they have demo account, big payout rate and a lot more options to choose from? Do you think they have the characteristic of a good broker?

In my view the biggest benefit with good broker is that they are equal for all.

There are many things to consider when we talk about good broker, but one characteristic about a good broker is equal support for all. It’s very often that we see brokers giving huge benefits to high investors, but no support for one who works with lower amount which is really saddening to see.

A good broker must be reliable, regulated & well capitalized to run a business as complex as forex trading! Personally, I am with FreshForex as it regulated (FINCRA), reliable being been in the business for years offering services on spot forex, Binary Options and buy shares of popular companies. They have near zero spreads & no re-quotes/slippages. There is free forex education & market analysis. There are offers on deposits & trading contests with cool prizes. Good customer support & fast withdrawals are really good!

We can put all the requirement when it comes to selecting broker, but we need to understand that it’s about comfort levels, if we are comfortable with working than only everything is going to work nicely, but if we are not with right broker than we will never be comfortable. I am joined under OctaFX, it’s the leading company in the industry with having epic offering from lowest possible spread at 0.1 pips while there are over 70 instruments to select from, it’s all superb.

A good broker is the one who makes your job easier. Find a broker that offers an easy sign up process, so that you can get your account up and running in just a few minutes. Naturally, you'd want to review some online recommendations of the broker you've chosen in order to find out whether the company is reliable or not. I can give you a good broker for binary options trading. FXPRO is good broker for options. I trade on this broker. They offer a lot facilities to their clients. You can have a look in their website.

The good broker is a broker who does not restrict any kinds of trading techniques with scalping and hedging.  That’s why as a professional scalper from my first day of trading I have been using Pepperstone which is regulated with real STP Execution trading platform and always ensures best trading environment for scalping by providing lowest trading spreads from 0 pips . so I can make profit with certainly by scalping that brings profit in a short time.

Herald, it’s just unfortunate that people have made broker allowing all techniques big deal, as that’s something which is necessary for any legitimate company. But, it’s just due to bad choice of brokers that we see people playing out brokers allowing all techniques so highly. I don’t buy too much into it because I am with FreshForex and they least worry about what techniques traders use instead they are dedicated in giving quality service. From having zero spreads to 101% Trade Able Bonus, it’s having all not unlike other brokers who feel proud by allowing all techniques.

There are many things that we have to check when looking for a good trading broker. Actually the good broker first of all make sure secure trading environment for their clines. And they always ensures easy withdrawal system without long time process, low transaction cost , active customer services and much more real trading facilities that are very supportive to feel comfort when trading. as a newcomer because of these trading facilities from my first day of trading I have been using FXPRO which is regulated with STP Execution trading platform.  so, my trading life is very much secure and flexible.