Forhad Reza Posted September 6, 2016 Share Posted September 6, 2016 In Fx trading , each the trader has a choice of the broker to be used, should the trader can choose a broker that is more appropriate to the concept of trading that will be used, if you love scalping , should choose the broker that allows trading concept such as this. as a scalper, now I am using MXTrade broker which does not restrict any kinds of trading techniques with scalping and hedging. Link to comment Share on other sites More sharing options...
Edward Kefas Posted September 6, 2016 Share Posted September 6, 2016 When looking for good brokers there are many things that you have to check. According to my trading experience, first of all I will be looking for in a broker is, if they are regulated or not. Then I will see their deposit and withdrawal system how it works. That’s why, I have been using MTIMarkets which is regulated by IFSC and always ensures security of funds at any deposits with easy withdrawal system without long time process. Link to comment Share on other sites More sharing options...
Forhad Reza Posted September 7, 2016 Author Share Posted September 7, 2016 Choosing a right broker is very difficult task, because almost thousands brokers in online retail Forex market. And most of them are found to be scams. We actually have to choose in regulated trading broker which always make sure security of funds with a wide range of trading technologies. Link to comment Share on other sites More sharing options...
tradesprint Posted September 7, 2016 Share Posted September 7, 2016 Yes i absolutely agree that finding a right broker these days is really hard as every day as nobody knew when a broker turned into scam and stop paying their traders however we need to choose a reputed broker. I guess hotforex, fxpro, fxcm, octafx, lmfx etc can be some good reputed brokers to shortlist while considering a decent broker. Link to comment Share on other sites More sharing options...
Forhad Reza Posted September 9, 2016 Author Share Posted September 9, 2016 From all trading strategies I like most scalping that brings profit in a short time. and for using this trading policy in a proper way, I have chosen MXTrade broker due to lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly scalping. Link to comment Share on other sites More sharing options...
Guest boo_sl3 Posted September 9, 2016 Share Posted September 9, 2016 for me a good broker is a broker that makes us comfortable for our trading and will be easy to make deposits and withdrawals So that we can trade with spirit Link to comment Share on other sites More sharing options...
Fx Mental Posted September 12, 2016 Share Posted September 12, 2016 We the traders actually have to choose in regulated trading brokers which guarantee their clients’ funds. That’s why, I have chosen Trade12 broker which is regulated and for all time make sure security of funds, lowest trading spreads, low transaction cost, free demo trading, active customer services, easy withdrawal system without long time process and much more real trading facilities with 100% initial bonus. Link to comment Share on other sites More sharing options...
Dele Alli Posted September 13, 2016 Share Posted September 13, 2016 On 9/7/2016 at 4:06 PM, tradesprint said: Yes i absolutely agree that finding a right broker these days is really hard as every day as nobody knew when a broker turned into scam and stop paying their traders however we need to choose a reputed broker. I guess hotforex, fxpro, fxcm, octafx, lmfx etc can be some good reputed brokers to shortlist while considering a decent broker. I have worked with some of the brokers you mentioned there in past, but majority of them were not good enough apart from OctaFX. I have been joined under them for past 3 years and the journey have been impeccable for me with them. I have been operating on ECN Account with them and it’s been going great guns for me on every note. One can start with as low as 5 dollars here and that too on their prestigious ECN account, so it works very fine and is highly beneficial especially in sense that there are no issues over slippage, re quote or even delay at all which is something that allows us to work nicely with complete comfort. Link to comment Share on other sites More sharing options...
Edward Kefas Posted September 13, 2016 Share Posted September 13, 2016 The good broker is a broker which does not restrict any kinds of trading techniques with scalping and hedging at all. As a scalper, now I am with MTI Markets which is regulated by IFSC and from this ECN trading broker without any restrictions I can scalp at any major currency including lowest trading spreads. So, my trading life is very much comfortable with this good broker. Link to comment Share on other sites More sharing options...
Forhad Reza Posted September 14, 2016 Author Share Posted September 14, 2016 There are almost thousands online broker in retail Forex market. So, it is very difficult to find a right broker from all, as most of them are found to be scams. So, for leading a secure and profitable trading life we the traders have to choose in regulated trading broker which guarantee their clients funds. Link to comment Share on other sites More sharing options...
tradesprint Posted September 15, 2016 Share Posted September 15, 2016 Yeah you are right I guess its really hard finding a reputed and honest broker as each new day we notice a new broker starting up while many old one going back to pavilion with some of them scamming traders too. Link to comment Share on other sites More sharing options...
Fx Mental Posted September 16, 2016 Share Posted September 16, 2016 I could not recommend at any broker which I have not used or verified. Because most of them are found to be scams. By the way, now I am using Trade12 broker which is regulated and for all time make sure security of funds at any deposits with a wide range of trading technologies. And they don’t restrict any kinds of trading techniques with scalping and hedging. Link to comment Share on other sites More sharing options...
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