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Thread: How to find a Good Forex Broker?
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21-03-2016, 12:19 AM #11
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22-03-2016, 04:55 AM #12
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You got to be wise in research and don’t just go with attractive and lollipops type offers. I don’t care about bonuses and all that candy balls, I work with Vinson Financials, it is awesome broker to work with given their stead conditions with low spreads from 0.7 pips, high leverage up to 1.500 while there is also Webinars happening here which further strengthens my experience plus we can trade on just about any instruments we prefer!
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22-03-2016, 05:52 PM #13
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There can be many ways to do it, but I believe testing any company through demo account is best way. I have found great broker in TradeWiseFX after trying out their free demo features; I loved the conditions I was presented with especially the low spreads starting from 0.0 pips while there is also extremely swift platform which helps me get all my trades operated straight away!
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23-03-2016, 03:31 AM #14
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I am now comfortable using a broker that I use to use ECN account. The first time I use a demo account for testing of the strategies to be used. until now I comfortable using my broker with additional free sweap account that can be used. broker that I use is TICKMILL. ECN broker will give his traders the best spreads possible. Thanks to the high liquidity provided by the ECN system, those spreads are pretty small.
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25-03-2016, 04:00 PM #15
every trader must have had a taste for choosing an account of what he would use, and certainly will not be the same every trader, possible for traders who already know the ins and outs of trading will definitely choose ECN but for traders who are still new to trading should choose an account Classic course
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30-03-2016, 05:34 AM #16
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02-04-2016, 03:46 PM #17
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Uncle Gober, I believe it’s just making things complicated really, I mean when it comes to newbies, it’s easier to select simply accounts instead of having classic or such sort of accounts. I am working with OctaFX broker where I use ECN account, it’s simple and straight forward, we can operate it with just 5 dollars minimum, so that’s why working with them is so very special for me. Also, if we want to check their service, we are never forced to invest instead we can participate on their demo contest, they are mostly weekly based and have massive prizes especially the latest one Southampton Supreme, it got unlimited prize which makes trading so much easier to do especially for people starting up.
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06-04-2016, 02:44 AM #18
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For a beginner in the world of forex trading, it is usually recommended to use the classic account, but for those who have advanced the use ECN account is highly recommended. I now have two types of accounts, classic and ECN in TICKMILL. I get the spreads are very low with ECN account in TICKMILL and for the novice trader can use a $ 30 welcome bonus account to learn without requiring a deposit
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07-04-2016, 01:56 AM #19
To find a broker that is good then we need to examine the first broker that we will use for trading and therefore we will be able to get the right broker, with begitiu it will benefit us. test the broker will allow us to determine the quality of a broker
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07-04-2016, 04:37 AM #20
Many of the criteria that could be used as one way of choosing a broker. One way is to test with a demo account contest held by the broker and see about opinions trader who won the contest. I see there are some brokers who in complaints by traders for not paying or change the name of the winner. Nowadays FBS has many demo accounts holding more contests and everything went smoothly with no complaints
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