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  1. #191
    uncle gober is offline Banned
    Join Date
    Apr 2013
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    384

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    I think these are some considerations for choosing a broker

    1.) Customer Service
    Most importantly, a broker's customer service must be excellent! 24/7 customer service reps available is an absolute must & you can't do without it. A quality customer service team is the first step to finding the best broker for you.

    2.) Platform
    Analyze the brokers trading platform. Are you comfortable with it? Does it have all the necessary information you need to trade?

    3.) Classic Accounts
    If you are a beginner, try looking for a broker which offers classic accounts in Armada Markets. For just a few bucks you can test your trading skills, hone your market savy & learn the tricks of trading forex.

    4.) Instant Execution of Your Orders
    This is an absolute must! If execution isn't instant, as soon as you place your order, find a new broker.

    5.) Do Your Research
    Look online & check out forums for reviews of the broker you're thinking of trading with. Make sure that they have been around for a long time & that traders have had good experiences.

  2. #192
    gaban is offline Banned
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    Apr 2013
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    instaforex
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    872

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    best forex broker is a broker that is able to give us the comfort of trading. so we would be comfortable for trading on the broker. therefore we need to be selective in choosing a broker so that we can find the best broker. we can use a demo account to practice trading comfortably

  3. #193
    Joey Jones is offline Member
    Join Date
    Oct 2014
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    33

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    In my view the best broker at present and also from last 3 years is OctaFX, as they are a regulated and ECN brokerage company, which removes any risk of manipulation and also desk dealing is impossible. Also, they have great offers like 50% bonus on all deposit and have great system where all payment processors are set instant for deposit or withdrawal and that too without any charges or fees. They also have the world’s best customer service in the world which is available for us 24/5.

  4. #194
    uncle gober is offline Banned
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    Apr 2013
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    Spread is the difference between the bid and ask price. Lower spread equals more profit. my broker have floating spreads from 0.0 pips on Exchange account and fixed spreads from 1 pip on Classic account. ECN broker provides you direct access to the market. Broker earns only from fees that depend on trade volumes of a customer.

    With Armada Markets all trading strategies are allowed. You can scalp, use expert advisors (EA-s), hedge your positions or trade during news releases.

  5. #195
    uncle gober is offline Banned
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    Apr 2013
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    384

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    I now get the chance to trade in the Armada Markets. they provide a low spread. The lower the spread the higher is your profitability. Armada Markets have floating spreads from 0.0 pips on Exchange account and Classic account with variable spread starting from 1 pip. The table shows spreads of Exchange account.

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