What makes a broker legit to trade with?

Broker Discussion
1

So, what do you expect from brokers? Regulated? fast payout? etc? lets discuss!

2

Decent regulation.

1 Like
4

It really depends on your strategy and preferences. Personally, I look for brokers that have solid reviews. I also check how long they’ve been in the market to ensure stability. For me, testing withdrawals with a small investment is key to see how fast they process payouts and handle customer service.

5

that’s a solid way to filter out shitty brokers. Hope everyone is having a great platform to trade with.

1 Like
6

What is important to me are reviews, regulation, fast withdrawal of profit, trading conditions without huge slippage, requotes and so on. I can conclude that a broker is good only when I can evaluate the conditions as a whole.

7

You might find this helpful:

8

I need good clean withdrawals, and honestly, I need them to stand by what they have mentioned in their website to the last letter.

11

Deposits and withdrawals are a big deal for me because it’s frustrating when you’re stuck with limited payment options or long processing times. So, a broker that makes deposits and withdrawals fast earns my trust.
That’s one of the reasons I trade with Fxview, they offer a lot of payment options, including traditional bank transfers, which is super convenient for me. The best part? They don’t charge any fee, which is a big plus.

12

When choosing a broker, I’d expect a few key things:

  1. Regulation: It’s crucial for security and trust. A regulated broker offers peace of mind knowing they follow strict financial rules.
  2. Fast Payouts: Quick and hassle-free withdrawals are essential. No one likes waiting for days to access their funds.
  3. Transparent Fees: Clear information about spreads, commissions, and any hidden fees is a must to avoid surprises.
  4. Good Platform: A stable, user-friendly platform with necessary tools for trading and analysis.
  5. Strong Customer Support: 24/7 support that’s easy to reach and actually helpful is very important.
  6. Security: Strong encryption and data protection for funds and personal details.
  7. Leverage Options: Flexible leverage that fits my risk management plan.

These factors make a broker reliable, trustworthy, and easy to work with.