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Forex Finding a decent broker

Discussion in 'Forex Forum' started by Robert D, May 10, 2020.

  1. Robert D

    Robert D New Member

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    Finding a decent broker is a troublesome occupation. Here are several tips to pick a standard broker. The critical thing you have to see is the true blue body of the broker. It is key bit of a broker. By then yield for leverage, edge and spreads. So in addition check beginning deposit stray pieces. Moreover, that it is so normal to deposit and withdraw your cash. Furthermore check their client leverage. I am also a forex trader. In like way, for my trading I have gotten [removed] as it is a regulated forex broker. The broker offers bewildering offers and relationship for their customers.
     
  2. Hayhayley9998

    Hayhayley9998 New Member

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    Yeah, you are right about it. Choosing a broker with a strict regulator is important. I have been using [removed] for a few months and have ever encountered any trouble with them. It is regulated by FCA and SVG. They do offer low spreads, high leverage and a nice trading environment. So far so good!
     
    Last edited by a moderator: Aug 14, 2020
  3. Lavinia Schiavone

    Lavinia Schiavone New Member

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    A decent broker is very important for a trader. You can’t survive in the forex market without a decent broker. A reliable broker is very important for every trader. Strong knowledge and reliable broker can easily make you earn huge profits. I trade with [removed, pay to advertise]. They are a very reliable broker. They are one of the best brokers I have ever worked. They provide many good features. Their endless supports always make me pleased.
     
  4. Coffee22

    Coffee22 New Member

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    One thing I have learned from trading with [removed, pay to advertise] is this;
    Your broker has to be regulated and licensed, it gives you that sense of security and trust. And your broker should have a visible presence like an office which is very important, that sometime serves as deterrent from running away with your funds.
    And more importantly too is that their should be a good customer service where you can easily lay complains, because if otherwise is the case it can be very frustrating.
     
  5. Nathan

    Nathan Member

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    This is true, especially being regulated and licensed. But we should always note that it shouldn't be enough to just see some paper work or claims from the broker that they are regulated and you just believe them. Most scam brokers have fake documents on their website and that has fooled many. I always advice traders to do what I did with [removed], I had to check on the official websites of the agency(FMA) regulating them just to be sure. I did same thing with the one that issued them license( VFSC) and it all checked out fine.
     
    Last edited by a moderator: Dec 17, 2022
  6. Coffee22

    Coffee22 New Member

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    Yeah, I did that too at a friends recommendation because of the prevalence of scam brokers everywhere. Checking to make sure that [removed, pay to advertise] was regulated actually was the final piece I needed to register with them. But truth be told, I was really happy to receive that 100% welcome bonus and especially because it was usable.
     
  7. Nathan

    Nathan Member

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    That's really cool, but I prefer their trading credits to the bonus. Especially because they have no terms, interest-free, and can be used as equity when effecting forex trading.
     

  8. George45

    George45 Member

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    Please I want to ask since you trade with [removed, pay to advertise], I recently saw that they offer a package called The Special Trader Package V5 comprising of several features including personal manager, personal analytic tools, free vps, sponsored robot and investment support. I want to know; do you know anything about it or have you used it before?
     
  9. Nathan

    Nathan Member

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    I think it's an additional service they offer to spice things up for clients, the main condition to get the package is that the total balance of all your accounts must be at least $2000. Am sure you can check more on site.
     
  10. George45

    George45 Member

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    Yeah, I read more on it but I think for now I will stick with other promotional offers they have like their White Label program which allows the partner to create their own forex broker based on the existing [removed, pay to advertise] technological infrastructure at minimum financial costs. I am sure this will be highly profitable.
     
  11. Nathan

    Nathan Member

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    Yeah [removed, pay to advertise] have very good incentives for their clients, but am thinking of one I can quickly and easily achieve like their IB program where one is rewarded up $300 per deal. I believe I can achieve this faster as side hustle to my trades.
     
  12. George45

    George45 Member

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    That will be nice and I wish you the best, but in my case I want to stick to benefiting from their trading credits from [removed, pay to advertise] that offers up to 70% of the amount of all deposits, provided by the company. Maybe I will think of others in the future.
     
  13. Nathan

    Nathan Member

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    Not bad, they do so well especially on being market-oriented with narrow spreads, on some accounts from zero pips.
     
  14. George45

    George45 Member

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    Yeah, their spread is really commendable, trading with higher spreads can be very annoying.
     

  15. Nathan

    Nathan Member

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    So annoying, Yes they are one broker I would recommend anytime to anyone, very good trading conditions from them overall.
     
  16. George45

    George45 Member

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    Yes of course, too much spread is the worst thing that can happen to any trader. They have very good narrow spreads, on some accounts from zero pips. That's commendable!
     
  17. Nathan

    Nathan Member

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    Yeah, I have definitely noticed which is very commendable.
     
  18. George45

    George45 Member

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    I agree, I am hoping to scoop something something this December from their Souvenirs program, hopefully something tangible as they have cool stuffs for giveaway.
     
  19. Nathan

    Nathan Member

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    That will be great, I saw that it is opened to different countries with great things to be won. I will suggest everyone should go check it out on there site.
     
  20. George45

    George45 Member

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    Countries like India, Indonesia, Iran, Malaysia, Nigeria, Ghana, Benin, Vietnam. And I heard they are working to make them available in all other regions!
     

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