How can I find a good partner or broker?

Broker Discussion Forex Brokers
64

Thanks are you from the US, is TurnKeyForex ur favorite?

65

I read some reviews on Trust Pilot, have you not read the same reviews?

h ttps://www.trustpilot.com/review/turnkeyforex.com?stars=1

66

Trust pilot s full of bitter people or shithouses from the institution s what is been judged

1 Like
67

Can you trade a Demo account with TD ameritrade? whats your opinion trading with ThinkorSwim & TD

68

I’m a simple man I don’t know what you mean

69

All brokers will allow demo Trading iit’s their “selling tool”

71

Good choice, they have been really good so far and they are people one can easily trust since they have been in the market for long. Rendering services for over 8years now, this is something that says a lot about them and how credible they are

72

Try looking for a broker on FPA. I found xtb in the past and aaafx that I’m currently using from there. It’s been a pleasant experience with them so far.

74

One way I’ve found helpful is to try out their demo account yourself. This way, you can get a real feel for how their platform and tools work, and you’ll be able to tell if they’re legit. Personally, I’ve tried this method with brokers like IC Market and Prime Codex, and it’s helped me find brokers with realistic demo features. Oh, also don’t forget to check out the broker reviews online for more info!

75

It’s not really something I, or anyone else, can recommend and you’ll magically find the right broker.

You’ll need to put in some effort and try a few out yourself to figure out which one is the right fit for you.

A few basics to keep in mind – look for a broker that’s regulated, has solid customer support like live chat or WhatsApp, offers the currency pairs you’ll be trading, and has a reasonable spread—1 to 2 pips is fine. Flexible leverage is another important factor.

And let me tell you, it’s not true that only European regulators are trustworthy. Believe me, I’ve lost thousands of euros with brokers regulated by European regulators.

One important thing is, be suspicious if a broker offers you a super thin spread. Spreads are their bread and butter, so if they’re offering 0.1 or 0.5 pips, they’re making their money elsewhere—most likely, they’re market makers hoping you’ll lose your capital.

These days, getting positive reviews online is pretty common, and a lot of brokers pay for them. Many spend millions keeping their image spotless on social media and review sites. So, don’t just rely on reviews—test them out yourself. Start with a demo account and see how it feels.

Personally, it took me two years and eight brokers to find the right one. For me, it’s Capital Street FX. If you’re interested, you could try their demo account, but again, this isn’t a recommendation. You’ve got to find what works for you. A demo is a good way to start and see if it’s the right fit.

3 Likes
76

I am not an expert in choosing a broker, although I have accounts with several companies. First of all, you need to choose a company based on the following criteria: look for a broker by the length of service (the longer, the better) with transparent and reasonable rates and commissions, test the trading platform and trading conditions before opening an account, look at the personal account, conditions for withdrawing funds, look for brokers that are reliable enough (have been trading for a long time, have ASIC/Cysec/FCA licenses), read reviews. There are many such brokers that meet the conditions: IB, Fxopen, IC Markets, Fxpro and others

77

You won’t find until you try I guess. To understand how to distinguish good brokers from bucketshops I guess you have to gain understanding of possible pitfalls, red flags, etc. There is no complete and thorough guide on how to find the best trading spot.