Where can I find a reliable Forex broker?
In a reliable broker Forex trader needs every practitioner. What are the criteria for choosing a reliable Forex broker? That is taken into account, and that can be ignored? How to choose a broker, in which the trader is not only confident, but also be able to trade with the most favorable conditions? About it - this article.
Consider reviews and reputation
Choosing a broker for trading on an exchange, it is worth considering:
* Reviews about it on the network, the overall reputation.
* Trading conditions, types of accounts.
* Ways to fund-withdrawal.
* What conditions backtest software.
Reviews found on the broker in the Internet can be very different - this is normal. Even if the broker Bets of the best, there are still dissatisfied customers. One lost money and mad at the world, looking for the perpetrators. Just another troll. Such sources are best ignored. Reviews should generally be based and come from independent sources (forums traders ratings).
Reputation dealing center or broker - a relative thing. It should be borne on the market (the more the better), number of services, accounts, customers. For example, now very relevant topic PAMM investing and autocopying transactions. Most traders choose NDD-account. All this can provide exactly good and reliable Forex broker.
Particular attention should be paid to the trading conditions. Indeed, for this we need a mediator and between us and the market. And if we constantly pay more for a spread or accumulate large negative swaps, holding positions open, we had better look for another mediator.
Better if aside from the usual broker demo accounts and dollar has Cent. Cent accounts allow you to trade successfully even on small deposits.
Very good, if your broker provides the account type NDD (Non Dealing Desk), where quotes are derived directly from the market. This type of account is the norm today, and even the standard for quality, reliable Forex broker.
Methods of depositing and withdrawing funds are also one of the criteria for quality customer service. A good broker provides a great choice when a trader can be used as electronic payment systems (WebMoney, Yandex Money, Qiwi, RBK, Z-payment, MoneyBookers, PerfectMoney and others), and a standard bank transfer to fund your account or removing funds from it. Typically, the money is transferred instantly or within a few minutes, which is undoubtedly very convenient.
Choosing a broker, do not rush to replenish the account for a large sum. Potorguyte bit on the minimum deposit (here useful Cent accounts). Feel how comfortable trading. Minimum lot, spread, leverage - all important components. If the trade goes well, you work comfortably on such terms - so the choice is correct, safely replenish the deposit to the required amount. If you are not satisfied with the delay in the opening of orders if other reasons that cause discomfort - refuse the broker. Benefit choose today is from what.
We can recommend you 3 reliable Forex brokers that have long been proven that they are worthy of trust. This Forex4you, InstaForex and FAQs. All brokers offer good trading conditions, completion bonuses, huge selection of additional services for trading and investing. Each broker is known in the network and has a lot of positive feedback. You choose.
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