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I never trust the broker who is unregulated. Because only the regulated broker can ensure the security of their client’s funds and investment which is very important topic when choosing a broker. Without securing our funds we should not invest in any company. But most of the Forex traders especially the beginners always choose their broker in a hurry and they got scam broker. The scam brokers don’t have trading license so they take all the money from their clients.
I think most of the traders fail because of their wrong choose of brokers. Though you have a lot of knowledge about forex, a wrong broker can put you in danger. I am trading from long time. I change many brokers im my trading life. At last I found TP Global FX. It is perfect for me because of their easy techniques of trading, low spread and dynamic leverage.
Trust is a big issue in the case of broker because when you don’t have trust in your broker, you won’t invest your money in it. Scam brokers are available in market place that is a threat to the traders indeed. FXDirects is an ECN broker free of scam and use segregated bank account of National Bank of England and thus they offer security to your funding.
For working comfortably and successfully in full time trading A Forex trader hardly needed a flexible and stable broker who will allow full time trading in their platform by giving their clients various and necessary facilities. I am working as a full-term trader with Forex4you broker because they are one of the best STP brokers I this market and give flexible high leverage 1:1000, wide range of deposit bonus etc.
Regulation of a broker is very important aspect. Every trader should check this before choosing a broker. Payment method and timing should also be checked. Because By doing this your money will be safe with the broker. I have chosen XeroMarkets which is a regulated broker providing premium trading services. They gives very low spreads as low as 0 pips and 1:500 levarage as well. They have more than 77 trading instruments.
FXDirects broker is an ECN standard broker offers high security of funding using different bank accounts of National Bank of England. They provide facilities of high leverage up to 100:1, narrow trading spread, superior fast execution, reliable platform with free webinars, technical errors free interface, advanced trading technology and reliability in all their facilities.