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What to look for in an FX broker.

Discussion in 'Beginners Bootcamp' started by Carnesworth, Nov 24, 2016.

  1. planbfx

    planbfx Recruit

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    For me, the most important would be the regulation and the customer service.
    And of course a True STP/ECN broker.
    Spreads and leverages can be negotiated depending on the funding and the account type with the broker.
     
  2. EuroTrader

    EuroTrader Sergeant Major

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    What if your broker has all these things but delaying your withdraws without any major issues? This factor is the most crucial when it comes to withdrawing big profits.
     
  3. Notati

    Notati Recruit

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    In any case you should check broker before you open an account with him. There are very good forums where traders share their experiences with certain brokers. One of the best starting point is to check if broker is legit or not
     
  4. Thoris

    Thoris Private, 1st Class

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    Take a look in which country they are registered, where they are regulated, how you can pay to them, how you can withdraw, play a bit with real account. Initital deposit shouldn't be that big as well as you should be able to withdraw money in 24 hours.
     

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