For me, I think I’ll go for the broker which recieve high rate from traders
Well. I prefer choosing brokers with international certificate.
then I’ll check broker policy like min deposit, commision…
finally, I’ll check execution by opening demo account
a ‘reliable’ broker or FX firm should be regulated and reply to any queries within 24h via e-mail or phone. Regulation and offered services are the two most important issues to consider before you trust your $ to a broker. Of course, licenses come and go (like ACFX recently) but with a regulated broker you know you are getting your $ back in any case (at least up to a specific amount). You can find a detailed list with mostly regulated FX brokers/firms at theforexlist.com
well what is your favorite?you can rate your favorite brokers in brokerarena.com
do not forget to rate and put some review for your favorite broker at brokerarena.com
. me myself already rate my broker Tickmill.because i am satisfied with their good job
What’s the withdrawal speed on CM trading? Mine on Hotforex are processed for 3-4 hours to skrill what about yours?
yes, I heard about Tickmill before, but are they a new name in the market?
what certificate does they have?
I’m finding a broker with international lience
I haven’t heard of this company before but it doesn’t suprise me there are soo many new forex brokers. Try to pick one with at least 5 years in the business in my opinion.
i think we should go with reliable certificate, they don’t scam you because it has negative impacts on their certificate, they’ll be fined if they’re dishonest to you.
You have to check if they are registered and regulated!!!
I Notice many brokers are offering no commission and commission account (as link sample below), which are better should we choose? is the commission worth for tighter spread?
https://www.lmfx.com/en/account-types/trading-account.html?type=fixed
yeah. of course, they cant lie about their lience, it’s so easy to check
To tell the truth, I don’t think any new comer is capable of doing too much to search right broker, it is often said a lot that do this or that to find right company, but in reality not many have patience to do it. I just go with simple thing and that’s regulated company + ECN. It’s best if they have MT4platform, it is sort of confirmation of ECN and right now I am using that only with FreshForex, I believe MT4platform is probably the best thing that has happened for me!
Fund safety,low spread, trusted brokerage firm,easy funding & withdrawal… no dealing desk! So they’re not against u
I just checked your link.I found out that lmfx is not regulated.
City index , interactive , dukascopy
They had clean record i guess
[QUOTE=“Markaria400;766624”]City index , interactive , dukascopy They had clean record i guess[/QUOTE]
City index are dodgy, I won’t expand, just be careful
I’d suggest Dukascopy and Hotforex (combo) split your lot and trade between them. You’ll get better execution plus you can compare and improve your strategy in that way.
Hi, guys, do you consider over the rebates when you choosing a broker?
I would never consider rebates for choosing a broker. Other factors are far more important, service, reliability, ease of deposits/withdrawals, country of registration and regulation.