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Selecting a forex broker is really very hard if you can't get what you want from your broker who is the bridge between you and forex market. For the first couple of failure, I really get a real and regulated broker called FreshForex. I select them because obviously, I prioritize security of my funds what they are providing. But the plus point is joining with them I got 101% tradable bonus what makes my trading volume twice, also for each and every $100 deposit I am getting 30% bonus. Their spreads are narrow as zero also leverage is 1:2000. I can say they are good in all way.
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For beginner traders, deposit bonus is exceptionally fascinating and helpful. Additionally, for some amateur, it is imperative. For me additionally, it is particularly obvious. My broker FreshForex offering this sort of deposit reward which is 101% tradable. Deposit Bonus 101% is outstanding amongst other offers on the market. They give you a 101% reward out of the blue deposit of $500 or bigger sum. For instance, in the event that you deposit $1000, together with extra subsidies you'll get $2010 to the account!
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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. Considering all the above things I have chosen MaximusFx broker. So far I am very happy with them.
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We the traders have to make sure to take any kinds of bonuses from only credible trading broker , otherwise it is useless to have 200-300% bonuses which cannot use at all due to margin stop outs. by the way, now I am comfortable with LQDFX which is real STP Execution trading platform and always ensures 100% initial bonus that I can use at all times including lowest trading spreads. so, my trading life is very much comfortable.
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Selecting a Forex broker has become the difficult task in Forex trading to the traders especially to the new traders. Since the scam brokers are increasing very rapidly. Without regulation the broker who gives trading services that’s why we should avoid. FXdirects is a one of the top rated and scam free trading broker who has their trading regulation from securities and investments commissions. They have established at 2009 and they give customer service by 24/7.
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It’s painful to see how some people judge a quality broker with the percentage of bonus it offers. It’s absolutely incorrect way of judging. We have to make sure that we judge through regulation and all that. I know how much this makes a difference since I have struggled with companies like Instaforex. So got to be careful.
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Forex trading is the most famous and profitable business in the world. If you want to start trading then you should gain knowledge first. Choosing a reliable broker is the second most important and tough task. A reliable broker is very important. You cant survive in the market without a reliable broker. my broker Forex4you is a very reliable broker. I would easily suggest this broker if anyone looking for a reliable one. They are very supportive And helpful.
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There are two kinds of broker in forex market. One is dealing desk and one is non dealing desk. Dealing desk broker execute your request with re-quote and dismissal. That is chafing for a trader. That is the reason I pick a non dealing broker called Eurotrader. it execute my request quick without re-quote and dismissal. Those are most basic thing for my scalping. They additionally are giving me low tight spread, swap and commission free account and some more.
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Selecting a good forex broker is hard. Choosing a bad broker can cost you money and time. I recommend Eurotrader as I am trading with them for 4 years. The broker is regulated and licensed in forex market. They are giving me best trading facility like lowest spreads, high leverage 1:500, fast execution, Easily accessible customer services. I am very much like their fast deposit and withdraw system.
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If you are a day trader spread doesn’t really matter to you as you are going for the big reward. Spread can hurt small traders like scalper. Even my broker Eurotrader gives me low spread option. But as day trader if you are standing in the market for long time you really do not care about spread. All you should focus in other stuff like good execution, tp, sl etc.