Hi I am new at Babypips. And at Forex at all.I would like to know which parameters are the important for you when you choosing a broker.
Its can be very helpful for me.THX
Welcome Msarusi There could be many parameters but let just name 3, which from my perspective are among the most important:1. Fast and correct execution – no requotes 2. No conflicts of interests with the broker – broker no to profit from client‘s losses 3. Cost effective trading – low commissions and/or tight spreads Cheers.
it depends on your trading condition, should choose the broker which is more appropriate to the concept of trading that will be used , if you love scalping, should choose the broker which allows scalping without any restrictions.
1st of all, regulation then the live facilities based on your requirements.
Before Choosing a Forex Broker Check these points
Excellent answer; I agree with all of your points. Yes, that’s the direction for new traders.
I agree with the above posts. I just want to add that reputable regulation here is a must as well. Make sure to always check brokers' regulation and avoid offshore zones.
The beginner's guide to FX trading