important things
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
It is important to traders to expand their trading knowledge because nothing but knowledge can take a person to the way of success. Traders should follow the ways of learning and should select such a trading broker which is supportive to traders. FXDirects broker provides training on education in different language to different countries and their active support is mesmerizing indeed.
There are many important things that we the traders have to check when looking for a broker. Security of funds, regulation, spread, leverage and withdraw are most common things which we the traders most of the time check when selecting the broker. Forex4you is my broker and when choosing them I check all the required things for my trading. They ensure higher security of funds, lower spread from 0 pips, low commission, low trading cost etc.
Yes, I do agree with you that if the broker does not spread fees then they might be a scammer. However, I found FreshForex broker very good here cause they sometimes cut zero spreads for major pairs so you can try this. Thanks
Based on my own experience, most of the new Forex traders try to make quick money here! They use high trading leverage & big trading lots zie but completely avoid the money management rules! And this is why more than 95% traders the losers here! Knowledge is the key part here!
Of course, a Forex trader can learn many terms and conditions by reading trading books but traders are very much reluctant to reading books and earning knowledge from it. Rather than reading books, they prefer more watching YouTube videos. It is also a high-quality source of earning knowledge.
If we want to lead a secure and safety trading life with certainly first of all we the traders have to choose the credible broker which always guarantee their clients funds. That’s why from my first day of trading I have been using LQDFX which is real STP Execution trading platform and for all time ensures security of funds at any kinds of investments with a wide range of trading technologies. So, for all time I feel secure and comfortable when trading practically.
You don't have to be too sure. It may be self-deception. In the market, you always need to be ready for anything, and it is worth diversifying your risks.
The leverage can affect the result of our trading with certainly, that’s why leverage is an important financial tool which an investor should consider when choosing a broker. My trading career now I am comfortable with 1:500 leverage that always ensures my trading platform LQDFX. When I can predict the real faction of this market with certainly, then I use high leverage for making profit very rapidly, otherwise for avoiding risk I always use small leverage. Actually leverage allows an investor to grow his market exposure to a level that exceeds the initial investments.
I have seen according to my trading experience by and large traders especially the newcomers for all time emphasis on regulation when it is time to choose a broker. because we basically think from all trading platforms in Forex market place only the broker which is regulated by the high authorize can make sure security of funds with a wide range of trading technologies. But practically this happens or not? Please share your valuable experience
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