It is always tedious to find a Trusted Forex Broker among the large and growing broker groups. The top 5 considerations you must keep in mind while choosing your forex provider are as follows.
Regulations:
The first and foremost thing one needs to check is if the broker is regulated. Each country has their own regulations make sure your broker falls with the regulatory compliance.
What Kind of Broker?
Is the Broker Dealing desk or No Dealing Desk ( Electronic Communication Network Or Straight through processor)
Spreads and Leverage:
Spreads and leverage are like two sides of a coin. Brokers may offer fixed to variable spreads depending upon the account types they offer. Coming to the leverage part there are many brokers who offer very high leverage but don't fantasy such brokers because leverage may put you to a lot of risks.
Deposit and Withdrawal:
A good forex broker will allow you to deposit and withdraw funds in a simple manner and you always get your deposit on time.
Technical Support:
Pick a forex broker who is available for you anytime when you run in through issues.