Choosing a broker is the most difficult task to do. Because there are so many brokers i the market and many of them are fraud. Ironfx is one of them. They create problem to their clients in many ways and harass them unnecessarily. They blocked their clients money. This is the worst broker in market. Working with this broker is the most bad experience ever.
Number of messages : 10 Points : 1953 Date of Entry : 2017-08-07 Residence Country : france
Broker choosing is very important and crucial task to do and in my way I think a trader should know how to choose a broker before even trying to deposit your hard earned money in the real or live account. Cause if the broker is not good enough your invested capital can be in total risk.
We the traders first of all have to make sure to take any kinds of bonuses from only regulated trading broker, otherwise it is useless to have 100-200% bonuses which cannot use at all due to margin stop outs. Basically the traders who are not able to make proper initial capital only these kinds of traders always ask of trade with a large deposits bonus. in my trading career I don’t like to trade with any kinds of bonus offer , because practically due to many kinds of limitations these kinds of offer cannot use in a proper way at all.
Number of messages : 137 Points : 2455 Date of Entry : 2016-07-16 Year : 32
Yes choosing a right broker is very important as it affects everything from trading to profitability to ultimate success or failure. If you choose a good broker then you can focus fully on making good trading. Identifying and sticking with good brokers is the key then. When I was a beginner I was defrauded by many but later I knew how to avoid them.
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 used , if you love scalping should choose the broker that allows trading concept such as this.
Number of messages : 18 Points : 2023 Date of Entry : 2017-06-06 Year : 31
Broker plays an important role to a trader. That's why choosing a broker is a very important job to do. A trader has to be very careful while choosing a broker. You must check overall the broker you choose to work. The broker must have some qualities like fund safety, easy withdrawals, demo trading facilities, swap free accounts, unlimited amount of open position, instant IB commission, rebate etc.
Number of messages : 9 Points : 2131 Date of Entry : 2017-02-07 Year : 40
Broker choosing is an important factor for trading in Forex or any financial instruments. I have been trading options for years and had tried a lot of brokers but was unsatisfied with their overall service.
Number of messages : 39 Points : 2192 Date of Entry : 2017-01-22 Year : 34
Broker choosing is the toughest work for a trader. The success in forex trading 99% depend on broker selection. Because your business trading platform is your broker, who will manage your whole account. Broker is important because you are investing your money in to it. This work is tough because you do not know which one is perfect for your trading platform because there are already thousands of broker in the market.
Number of messages : 29 Points : 2183 Date of Entry : 2017-02-13 Year : 50
Without a forex broker, forex traders can’t deal with currency exchange. This is the main reason why we need foreign exchange broker. We do not need only foreign exchange broker, also we need that broker should be reliable and trustworthy enough for deposit money. It is the hardest part for forex trader.
Broker choosing is such a tough task because most of the brokers found are to scam. There are too many brokers around the world. But all these brokers are not well reputed. So naturally we go for a well established broker.
Number of messages : 30 Points : 2163 Date of Entry : 2017-02-13 Year : 27
Broker choosing is the most important part of forex trading. Your profit and loss is depending on broker choosing. As a broker one must focus on some matters. That’s are security of your funds, superior execution, avoid long time process for withdrawal, customer service etc.