mlawson71 Posted February 7, 2022 Share Posted February 7, 2022 I wouldn't say the broker is the single most important element, but it is definitely one of the most important elements, none of which can be overlooked. Having a proper strategy and a trading plan are just as important, in my opinion. That said, if one doesn't have a good broker, the chance to lose money increases a lot, unfortunately, since this industry is so risky. Link to comment Share on other sites More sharing options...
pradegxs Posted February 7, 2022 Share Posted February 7, 2022 Broker is the most important element in trader’s success. Even if you're an expert, it's a good idea to test your broker yourself, rather than listening to others. Many forex brokers like Hotforex provide a demo account to test their services and platform. It also gives tight spread, easy and fast account opening, and many more. Link to comment Share on other sites More sharing options...
maspluto Posted February 9, 2022 Share Posted February 9, 2022 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted February 12, 2022 Share Posted February 12, 2022 On 2/9/2022 at 7:49 AM, maspluto said: The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. I have been doing my Forex Trading with FXOpen Markets from the last 10 Years and they are very Reliable and Trustable International Forex Brokers 😄 Link to comment Share on other sites More sharing options...
maspluto Posted February 15, 2022 Share Posted February 15, 2022 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted February 21, 2022 Share Posted February 21, 2022 On 2/15/2022 at 8:38 AM, maspluto said: The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping 😄 Link to comment Share on other sites More sharing options...
papia09 Posted February 28, 2022 Share Posted February 28, 2022 A broker often spends a great deal of time keeping clients informed of variations in stock prices. Additionally, brokers like FreshForex spend a fair portion of their days looking to expand their client bases. Link to comment Share on other sites More sharing options...
Fisher Tow Posted February 28, 2022 Share Posted February 28, 2022 Thanks for sharing your knowledge. But I want to know about a broker. I want to switch from FBS to LiteFinance. Is it a good idea? Link to comment Share on other sites More sharing options...
Fisher Tow Posted March 1, 2022 Share Posted March 1, 2022 HUGE gratitude for sharing these essential prospects with us and literally all of us really appreciate the effort. The topic that you've stated is undoubtedly filled with significance and we really can't deny that fact. At any rate, finally simply needed to let you know that observing a representative could sound hard, and trust me it truly is very hard yet assuming you look appropriately you'll discover probably the most ideal choices out there which clearly incorporates Litefinance since they are giving a super-wide scope of exchanging adornments. Have an incredible day! Link to comment Share on other sites More sharing options...
uncle gober Posted March 2, 2022 Share Posted March 2, 2022 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted March 2, 2022 Author Share Posted March 2, 2022 I am fully agreed to this statement because broker can provide you some sort of support. Do you think that support can make you successful? Success is impossible until you bolster yourself with knowledge. So, success will come to you providing that you ignite your knowledge to the fullest indeed. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted March 3, 2022 Share Posted March 3, 2022 Of course, Broker is an important issue! But in my trading I mainly rely on my own trading strategy! On the other hand, I have no concern on my trading security because I use one of the trendiest Forex broker Eurotrader, I have wide spaces from this regulated Forex company, so right now I have no restrictions on scalping or big amount withdrawal! Link to comment Share on other sites More sharing options...
Mrsooduraske Posted March 4, 2022 Share Posted March 4, 2022 A forex broker's customer support should be available 24 hours a day because forex trading takes place around the clock. You should also consider whether it's easy to get in touch with someone live. A quick call to a broker can give you an idea of the kind of customer service they provide and the average wait time. Link to comment Share on other sites More sharing options...
mlawson71 Posted March 5, 2022 Share Posted March 5, 2022 I agree. I would add that whatever company one picks, it should have a license from a reputable financial regulator. The vast majority of the unreliable brokers are ones with no proper regulation, often registered in offshore zones. Law enforcement and regulators often deal with that problem. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted March 6, 2022 Share Posted March 6, 2022 Yes, but definitely a regulated broker. A trader needs to struggle hard to find a regulated broker. You will find thousands of Forex traders who are suffering from the un-regulation of brokers. An unregulated broker is never secure and reliable for a trader. You know a broker is a custodian of a trader’s fund. Link to comment Share on other sites More sharing options...
uncle gober Posted March 8, 2022 Share Posted March 8, 2022 The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted March 14, 2022 Share Posted March 14, 2022 On 3/8/2022 at 11:08 AM, uncle gober said: The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping 😄 Link to comment Share on other sites More sharing options...
AkashHasan Posted March 14, 2022 Share Posted March 14, 2022 Yes, if the broker plays with their trader then those trader won't be able to make money so in this case I will suggest to use FreshForex one as they are very very reliable even honestly I am using this for a long time. Link to comment Share on other sites More sharing options...
Eraser Posted March 20, 2022 Share Posted March 20, 2022 Broker is an essential stakeholder in forex market and I think a retail trader can’t survive without an appropriate broker if he tries to sustain over a long period of time. Since forex is a decentralized market and there is no regulatory authority that can ensure a high security of funds with proper regulations, only licensed brokers are the ultimate supports. So I have selected a regulated broker ForexChief since it is always ensuring me lowest zero spread, a good leverage of 1:1000 plus a good security of my capital through regulations. Link to comment Share on other sites More sharing options...
maspluto Posted March 22, 2022 Share Posted March 22, 2022 The selection of the existing broker must be able to be considered carefully, this is done so that traders can become better and can be more leverage in getting maximum trading security and comfort like what I got Link to comment Share on other sites More sharing options...
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