New traders often choose bad brokers

[Nilde Lucchese]

In general, novice traders often choose bad brokers and lose money. In my opinion, no matter how effective the learning is, trading is meaningless without a reliable broker. Also, if you choose a reliable broker like Eurotrader, you will be able to trade with secure funds.  This broker also offers tight spread, leverage 1: 500, and many more.

[maspluto]

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 together with Tickmill.

[Resolve]

On 12/3/2021 at 11:27 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 together with Tickmill.

I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets 🙂
They are a True ECN Forex Brokers.

[Hanan Öberg]

It’s common to have excitement at the beginning of trading and losing courage over time is also common but not appreciated. There are many traders around the world who are ready to quit Forex due to consistent losses. I would suggest them not to do so. They should take some more time to rectify their mistakes. To ensure the best quality service, FXOpulence offers narrow trading spread, superior fast execution and high security of funding.

[maspluto]

For traders experiencing continuous losses, it's advisable to take a break. Use this time for evaluation to deepen your understanding and knowledge of the forex market so that your future trading can be of higher quality, especially when working with Tickmill as your broker.

[Nilde Lucchese]

New traders often choose bad brokers due to lack of research, focusing solely on low fees or high leverage. A bad broker may lack regulation, have poor execution, or hidden fees. Traders should prioritize regulated brokers with transparent terms, strong customer support, and reliable platforms to ensure a safe trading experience. LQDFX broker is a secure trading broker as they use segregated bank accounts and charge tighter trading spread to traders.

[pradegxs]

My experience and interaction with bad brokers were brief; I found my current broker (HFM) fairly quickly and continue trading with them because they maintain a high standard.

[Zeologic]

I use FXOpen broker and so far it provides satisfaction in the service and trading environment, low spreads from zero and low commissions, and also a smooth withdrawal process.

[maspluto]

There are so many things that must be really learned in forex trading. For beginners, it is better to be consistent in learning routinely, later you will also understand how to run trading well. This is also what I have applied by following education from the Tickmill broker.