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  1. #1
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    Default Selection of broker

    Except having a broker we canít trade Forex. Broker is the savoir of Forex market. Broker selection is the core duty to a trader indeed. In retail market place several brokers are offering to the traders. Private Scandinavian Sparkasse broker is a broker allows traders with no small deposit bonus, narrow trading spread and superior fast execution. Security of funding is of their prime priority indeed.

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    There are different types of trading strategies but among all I like the short term trading most because it allow to trade with small deposit and to take small risks. But many brokers don’t consider it as a regular trading policy and don’t allow to the traders. Forex4you I choose the best broker and allow both short term and long term trading policy. For my short term trading policy they give low spread facility.

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    Senior Investor Uncle Gober's Avatar
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    trading plan will indeed be very needed by traders, this is needed so that traders can get better and more leverage in managing funds and risks in real accounts to be able to be more maximal in generating profits that are in line with expectations when on a real account.

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    Risk management is very important. I risk 2% of my capital for each trade. Similarly, the lightest introduction to risk is 4%. It proposes to open crazier than 2 trades. I imagine that everyone should maintain their rules of association to risk. Without overseeing the risk in trading, reaching the entire agreement is unlikely. Stop loss is a part of risk management. I am trading with TP Global FX where I study their advanced educational resources to learn more about the market and forex trading. They also offer very low spreads and instant transaction execution.

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    This articel shows the steps how to chose a broker, it is a complex task and requires a lot of knowledge about the brokers because there are also some scams in the market in order to choice a right broker there are some sites run by the local regulations authority that will provide you the list if authentic broker on whome you can rely on.

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    For me, I choose FreshForex, They are regulated, they have very low spreads, and added to the fact that they give free bonus and fast withdrawals, I just recommend them.

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    Forex broker should be reliable and credible for ensuring success otherwise foreign currency exchange traders can face hardship due to choose wrong brokers. And thereby, I have been working with a regulated, knowledgeable and experienced broker ForexChief and it is providing me complete user friendly trading package: I am enjoying lowest zero spread, 24 hours trading facilities, trouble free trade execution services, easy coverage of leverage up to $400 against $1 in my trading account.

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    Senior Investor Uncle Gober's Avatar
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    achieving success in forex is not easy, so traders can get better and can evaluate regularly so they can control the existing trading system before they will run trading activities on real accounts.

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    Positive experience

    In my opinion, Freshforex is a good broker, Clarity and coordination is everything for me, - that's what I can say about this company if I need to withdraw money, I know that I will get them quickly and without problems. Multi Terminal is not present, and this is a negative point. I tested this broker in many ways with the help of advisers. No slippage. There is an ability to trade quick orders due to precise execution.

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    The choice of broker must be the best that we choose so that we can feel where comfort, security is in forex trading. Where did I initially choose the Instaforex broker, but where there are still many problem constraints so that I can't feel safe, comfortable forex trading, and certainly in my opinion it's important to choose the best broker to survive where forex trading is run without any obstacles

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