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Broker is the most important element in trader’s success

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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.

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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.

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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 😄

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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 😄

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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.

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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!

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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. 

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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.

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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 😄

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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.

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