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  1. #1
    forextrader73 is offline Member
    Join Date
    Sep 2007
    Posts
    64

    Default Finding a good Forex Broker

    How would you suggest to find a good forex broker?

    I found a list with different forex brokers, what do you think should be the main criterion for that choice.

    How did you decide which broker to trade with?

    Thanks.

  2. #2
    jackvdo is offline Junior Member
    Join Date
    Dec 2007
    Location
    Raleigh, NC, USA
    Posts
    4

    Default It Depends on You

    I think what you look for depends a lot on you and your trading style? Are you a novice trader, an experienced trader, a day trader, a news trader? What's important to you may be different from other traders.

  3. #3
    Oblivion is offline Junior Member
    Join Date
    Jan 2008
    Posts
    25

    Default

    low spreads, reputable and recognized, preferrably registered with FCM, good platform- that is what I am looking for when choosing a broker.

  4. #4
    seekforex is offline Senior Member
    Join Date
    Jul 2012
    Posts
    389

    Default

    A good broker will have a consistent flow of successful clients. So you must check on the client track records and client history testimony. A potential broker needs to present ample data and records to specify a solid background.

  5. #5
    gaban is offline Banned
    Join Date
    Apr 2013
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    instaforex
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    872

    Default

    The best way to make sure that the broker are good or not, better you try yourself. Make a minimal deposit with your real account, and trades using that broker. If you feel great and comfort, you can continue using youe real account. But if the fact that the broker don't gives you the best trading environment, just leave them.

  6. #6
    gaban is offline Banned
    Join Date
    Apr 2013
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    instaforex
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    872

    Default

    There is a lot of brokers but every trader surely wanna get broker which provide convenient service. We can use demo account to test trading conditions, and we can use real account to test their server and services, include withdrawal process. I think we should use minimum amount to start with them, in instaForex, we can start trade with $1

  7. #7
    frienndforever is offline Senior Member
    Join Date
    Oct 2012
    Posts
    136

    Default

    I'm trading with HotForex and everything is good so far, fast payment, low spread, responsive support team. They also have forex tutorial and vids for trader.

  8. #8
    gaban is offline Banned
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    Apr 2013
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    instaforex
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    872

    Default

    Quote Originally Posted by frienndforever View Post
    I'm trading with HotForex and everything is good so far, fast payment, low spread, responsive support team. They also have forex tutorial and vids for trader.
    I trade using instaforex. Service is very good here. Has many advantages than other brokers. InstaForex customers are InstaForex Able to use bonus points to pay up to 50% of their purchases in InstaForex branded store costs. The bonus points are automatically credited to all live accounts for each closed deal. Broker's partners can earn bonus points by carrying out operations on the currency market or get them from every trade closed by their referrals.

  9. #9
    uncle gober is offline Banned
    Join Date
    Apr 2013
    Posts
    384

    Default

    You can find a good forex broker recommendations from various sources, but before you invest your money, it helps us to find out more about the credibility of the broker is concerned, both regulations, customer service, security of our funds, servers, financial transactions and much more . It is better to try the performance of the server with the usual free account offered by the broker, like 15 EUR from Armada Market before we trading using our own money.

  10. #10
    gaban is offline Banned
    Join Date
    Apr 2013
    Location
    instaforex
    Posts
    872

    Default

    I entrust my money because the broker Instaforex is very promising. The services provided are very useful for traders. The main principle in instaforex service is, in the view of instaforex, politeness and effectiveness when dealing with customers in instaforex.

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