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Thread: Broker issue

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    Broker issue

    A firm that allows traders to buy and sell currencies and works as a media with a view to deal in forex is called a forex broker. To a trader it is really very important to select a broker with a great consideration. Because half of our success depends on right broker choosing. And I am earning a lot with Yadix broker. Because with the broker I can transact within the lowest transaction cost. Then I have the flexible high leverage like 1:500, narrow floating trading spread, tightest margin level and their favorable opportunities as a scalper.

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  3. #2
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    Forex brokers are the cardinal issue to all forex traders. Because we can’t directly invest on market so we need to have a media with a view to conduct trading well. I am currently trading with Trade12 broker with which I have high leverage like more than 1:400, narrow floating trading spread, tightest spread level and superior fast execution. I am successfully running my trading with the support of my broker.

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    I think the forum is already having Broker section to discuss the broker's issues. So I am not commenting on it. If anyone is going to choose new broker then choose one with your own skills, no one is your friend here so be practical and choose wisely.

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    Quote Originally Posted by Asmu View Post
    Forex Trading Strategy Based on Fundamental Analysis Technicians do not find it necessary to know the reasons of market changes, but fundamentalists try to discover “why”. The latter analyze macroeconomic data of a specific country or different countries to forecast the given country’s currency behaviour in the nearest future.
    agreed. I use both fundamental and technical analysis. then I draw my own analysis. I still read other's analysis though. some of them are good. here is the source to technical analysis I read daily:
    https://freshforex.com/analitics/fre...wave-analysis/

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    Broker is an important issue in Forex market. Because the trading success of a trader’s life mostly depends on the brokers supports and facilities. That’s why the broker who is reliable and understanding I have chosen, named Forex4you. I have never seen any reliable broker like them. They always give proper trading analytic support that helps me to understand and minimize my mistakes so I can trade properly in this market.

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    A broker is an intermediary between two participants. To trade Forex the first step of every trader is to select a trading broker to trade with. Selecting a right trading broker is really tough to do. FXDirects is a broker offering a wide range of trading accounts with flexible high leverage and zero trading spread. Traders can choose swap as well as swap free accounts if they want.

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    For making profit very rapidly I always like to trade with high leverage. That’s why I have chosen LQDFX which is real STP Execution and for all time make sure up to leverage 1:500 which is very supportive to trade in a high lot in spite of small balance. practically leverage is an important financial tool which an investor should consider when choosing a broker and it allows an investor to grow his market exposure to a level that exceeds the initial investments.

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    The road of Forex trading will never be easy for an uneducated, experience less and lazy traders. Basically to do Forex trading you must to need to be professional. Without developing your trading skill and knowledge the market will never become easy for you and now for learning Forex trading there are different sites and mediums min Forex market.
    I trade on ForexOne trading platform which is much experienced and expert credible Forex broker. To provide the general trading knowledge this broker arrange free – demo account, video tutorials, Forex glossary with Forex trading instructions. It is my pleasure that I can work with such a nice trading broker who really care about their trader and try to give the best conditions.

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    Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.

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