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Thread: Main parameters you need to check before choosing a good forex broker

  1. #1
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    Main parameters you need to check before choosing a good forex broker

    The parameter that needed in the good broker.

    1. Regulations/ Licenses
    2. Easy to use trading platform
    3. Customer support
    4. Leverage options
    5. First deposit bonus
    6. Deposits and withdrawals
    7. Trading costs
    8. Demo account

  2. #2
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    i think you miss one most important thing which is spread.we mostly select broker on the basis of spread also minimum lot size is very much important while selecting broker.

  3. #3
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    Regulation and licenses, fast trading plat form , good leverage, low spread, attracive account types and good rating in market is help us to chose a good broker in market.
    Nothing is impossible, the word itself says 'I'm possible'!

  4. #4
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    first is being regulated, and second is popular among traders. regulated is very important because it shows that brokers have high capital back up. and popular and good feedback from traders is important to make sure that the brokers are reliable.

  5. #5
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    Yes dear you are right before choose broker check our performances and promotions and deposit and withdrawal method and also spread levels.

  6. #6
    Senior Member ahmedkhan236's Avatar
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    Quote Originally Posted by sam9630 View Post
    The parameter that needed in the good broker.

    1. Regulations/ Licenses
    2. Easy to use trading platform
    3. Customer support
    4. Leverage options
    5. First deposit bonus
    6. Deposits and withdrawals
    7. Trading costs
    8. Demo account
    These are the best parameters and we can manage a best trade in this business if the best broker is with us and the trust developed between the trader and the broker is good then the trading will be good.

  7. #7
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    yes we should first check all these thing before choosing our forex broker because all these things are very necessary for choosing a good forex broker and broker must have all these qualities..

  8. #8
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    i am new so dont have the knowledge but soon i will study in it and then i submit my answer

  9. #9
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    yes we must check these things before selecting any broker of forex . we must check that it is verified from any government authority and trusted or not.

  10. #10
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    I agree with you it all the major points, but there are some points that we must try by ourselves. and i also need to check that brokers are they really allow me to do all sorts of trading techniques, including scalping, martingale.? if yes then i will included them

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