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  1. #1
    stephaniefx is offline Junior Member
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    Jun 2014
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    Default Important to choose correct Broker

    If you want to get success in Forex then you should choose correct Broker. If your Broker is a market maker, no matter what you do but you will be loser at the end. It is always important to choose correct broker by checking the reviews across major good forum such as ForexForum, FPA or tradecomplaint.com and then you can proceed to go ahead with the broker choice. I am trading with exness and happy with it.

  2. #2
    papia09 is offline Banned
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    Apr 2014
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    Default

    Without A correct broker a traders can be profitable. Because the scam broker hit your stop loss without reason or never give your big profit. But I am very happy with my broker FreshForex. Because the brokers provide the accurate marker price and give my withdraw money within 5 min. So I am very happy with my brokers remarkable service

  3. #3
    Gary is offline Banned
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    Aug 2014
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    Default

    Its really a harsh reality of most newbies life that they spent so much time in Forex learning, getting training, signals and all those stuff yet while choosing a brokerage company they pick any without a proper research which obvioulsy does what is expected scamming you thats why its so necessary to have a solid broker like Freshforex so that you don't have to worry about the earning you do.

  4. #4
    uncle gober is offline Banned
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    Apr 2013
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    386

    Default

    Dealing Desk or Non-Dealing Desk broker? Does the broker offer fixed or non-fixed spreads? How wide are the spreads? These questions are more significant to those traders who like to take quick profits on a few pips. Large and/or variable spreads can cut into the profits of this type of trading strategy. so i choose the broker who has the lower spread. this kind broker give you the choice to get money in short time especially for the scalper. my broker is Armada Markets

  5. #5
    Steve Olson is offline Banned
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    Aug 2014
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    Bangladesh
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    Default

    Yes! Lower trading spreads are much helpful to earn quick money. Basically, to select a good trading broker is very important for every Forex trader. A scam broker hit the traders stop loss without any logic. On the other hand, they do not pay the traders big withdrawing profit. That is very painful.
    However, I am very careful to trade a faithful and good facilities trading broker. Therefore, I trade in ‘GCI’ trading broker. Their 1 to 2 pips spreads in major currencies, no requites, no commission for transaction is very helpful for me to make regular profit. The most interesting point is, this broker provides me 4% interest on my trading balance.
    I see, the all successful Forex traders are very sincere to trade on a good broker. With a scam broker, it is too hard make consistent profit.

  6. #6
    ymir is offline Banned
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    Oct 2014
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    58

    Default

    Traders should be careful when choosing a broker, many brokers are scam and now offers many promotions. Initially I also tried several brokers before choosing Armada markets, this is caused by a lot of positive reviews from friends who have used this broker.

  7. #7
    muhitalam is offline Banned
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    Oct 2014
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    Dhaka
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    113

    Default

    I know some broker who are elder then me LoL

    city index
    Interactive broker
    IGmarket

    Also their have deposit issue. They want big amount invest

  8. #8
    Rahim is offline Banned
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    Oct 2014
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    Default

    It is idly true that in spite of having a good knowledge it is not possible to achieve the success in Forex trading if you do not have sufficient trading knowledge in Forex. Therefore, it is very important to choose a correct broker to make profit regularly. I have been trading for three years an ECN broker ‘GCI’ that is considered as a first and foremost key to my Forex trading success. Because it is, a platform made me as a successful trader by giving many trading facilities. When I was newcomer I could easily scalping and hedging in my trading. I got 30% welcome bonus so I could recover my lack of balance. In addition, I always get 4% interest in my trading account.

  9. #9
    F0r3x000 is offline Junior Member
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    Jan 2012
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    6

    Default

    I always look at brokers that care about Forex training as well. This is a sign that the broker is looking for long-term investors. Customer relationship is always a must, because this market is not easy and transferring funds (at least from my country) is never an easy task.

  10. #10
    ymir is offline Banned
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    Oct 2014
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    Default

    it;s important because the success of a Forex trader directly depend on his or her trading skilled, experience, knowledge and determination. On the other hand, a good trading broker is another important point for a trader to be a regular profitable Forex trader. by the way, after joining in Forex, I try many brokers to find a suitable trading condition match my trading system, it's almost a years i held my ecn account with Armada Markets which ensure best trading facilities like, narrowest trading spreads, no quotes, almost no slippage, low mark up fees even for commision base broker.

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