How to choose the foreign exchange broker that suits you?

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fxoday

Recruit
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727
I look for trading conditions that are agreeable and then test them out with a minimum amount to see how I get on with them.
Yes, it's a good way to save investment, but sometimes brokers have minimum investment is too high, so stick with golden rules investing in a high-risk business, just spent money that affords to lose.
 

bigdolly

2nd Lieutenant
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1,234
Simply pay attention to regulation and their execution speed. These two factors play great role in your trading success. First ensures that broker will pay profit, the second one that there are profit opportunities in this platform.
 

fxoday

Recruit
Messages
727
Simply pay attention to regulation and their execution speed. These two factors play great role in your trading success. First ensures that broker will pay profit, the second one that there are profit opportunities in this platform.
Yes, it's the most important, they process withdrawal smoothly, I think will be very disappointed when a trader makes a good profit with their hard work but the broker cancels withdrawal with any unreasonable, but the broker also better has good service, trading condition, transaction speed and also customer support.
 
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Beginners Bootcamp is a non-commercial folder. Do not recommend companies in this folder.
You can choose one based on reviews and testing their demo account but also by choosing ones that have 0% commission if you are a scalper similar to REMOVED or ones that don't have large swap fees for swing trading like REMOVED

The first post on page 1 of this thread contained a warning...

FPA Forums Team Note: Discussing how spread can affect broker selection is a welcome topic.


Everyone needs to be aware that this is a non-commercial folder. Giving broker recommendations in this folder is a fast way to be invited to dinner with Spam Cat, as Spam Cat's meal.

Since then several posts had to be edited, AsstMod placed a warning message, and one person has been banned for spamming.

This is the final edit. Anyone wanting to recommend brokers or discuss which brokers offer what features may do so in the
Forex Company Comparisons folder.

Since too many people have made commercial posts, this thread is now closed.
 
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