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to attract you with high capital bonuses on your first deposit. Does the broker provide all that you have in mind? We suggest sticking to the simple rules: a) if a broker has been in the industry for more than a decade - it tells you that the company knows a lot about doing Forex business and caring about clients, otherwise it won't be here today. Choosing a broker: Step 5 Final tips for the right attitude Finally, your approach to choosing a Forex brokers should be somewhere similar to the process of choosing the right bank to trust your money to: reputation, transparency, convenience of carrying operations with money, good.
The Most Important Criteria for the Forex CFD Broker Here is a list of 13 important points that traders should considering when choosing a broker: Forex Broker Regulation It is important to open an account with a regulated broker. There are some brokers that offer up to x100, x200 and even more in some cases.
The Integral Part of Brokerage - The Trading Platform. The company insures customers funds against non-trade risks for up to 20 thousand euros. do you care about reputation of a Forex broker?
These tools aim to help Forex and CFD traders make more money, with less effort. There will be no guarantee, however, that a 5 star rated broker will be the best choice for your trading needs, or that the reviews you've read were actually genuine (unfortunately, that's the reality of online reviews submission). The professional way to choosing a forex broker involves a lot more personal research and it involves reading reviews as well as you do your broker research. Besides, there are ECN (Electronic Communication Network) and STP (Straight-Through-Processing) accounts on which you pay commissions to the broker. The company is always working on developing new products, services.