A little info on the Premium Account.

I called the Oanda's sales dept. and waited 10 mins, then the (end of call) auto survey came in and disconnected me. I guess they don't want the sale. Then I called again, and finally got through.

On the 2nd call, I was educated by a sales rep from Oanda, he gave me an example: that if you open a premium account the spread will be reduced by 0.2, and Margin level is 50% close out.

So for a $20,000 deposit, in my opinion, it's not worth it when other brokers are providing the same spread or less.

Forex broker is also known as retail forex broker or currency trading broker. My broker is Bprimes which is enough reliable to trade with. They allow traders to set up an account with an account with a limited amount of assets. They are giving the chance to trade with margin accounts. Though if you are having any problem, you can get instant support from them. Love to trade with them.

Thera are unlimited numbers of Forex brokers, but in spite of that finding the right broker is very hard as because the scam brokers are increasing a huge number in Forex market. If you choose one of the scam brokers you will loss your everything. That’s why one of the regulated and scam free broker called Forex4you I do choose for my trading. They always ensure the higher security of their client’s funds.

broker selection must be able to be considered properly, this is needed and needed so that traders can become better and can get more leverage in producing profits in accordance with expectations and can become a trader of the month Tickmill.