When selecting a broker first check whether it is a regulated broker or not. With a regulated broker your fund is protected. There are a few brokers who freeze the account by showing some weak reasons. Furthermore, a few brokers deny to pay the customer if he makes huge profit. That is the reason a regulated broker is a decent decision. By considering all I am trading with MaximusFx, a regulated broker. It provides me a wide range of services including low spreads, 1:1000 leverage and instant trade execution.