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  1. #101
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    Good broker is a broker that provides benefits to traders. besides trading broker that gives a lot of promotions and contests to promote the spirit of the trader to trade better. now, FBS has a lot of promotions and bonuses that are useful for traders

  2. #102
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    now a lot of people interested in the forex business because a lot of the convenience offered. one of the main attraction is the ease of access to trading and market liquidity. now, we can deposit money in forex broker to trade either a market maker or ECN.

    I am now more prefer to use ECN brokers, ECN broker provides you direct access to the market. The broker earns only from commissions paid by the customer. Armada Markets is one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.

  3. #103
    Chossing a broker need you to do and carried out your own research and analysis perfectly this is what that do entails if you are using the right broker or not in the forex trading market

  4. #104
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    Quote Originally Posted by uncle gober View Post
    now a lot of people interested in the forex business because a lot of the convenience offered. one of the main attraction is the ease of access to trading and market liquidity. now, we can deposit money in forex broker to trade either a market maker or ECN.
    .
    Yes, forex trading is very interesting. But it is risky business to. Trader must be able to minimize the risk in forex. We can start trading with demo account in broker and test broker performance. Then if we are suitable with their trading conditions, we can try to start trading with small amount.


    Be more than a trader, be a TenkoTrader

  5. #105
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    There are so many things which we need to check while chosing a broker we need to check if the broker is regulated and also their level of spread is so important so checking all this will make you a good choice

  6. #106
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    Good broker is broker which can make their clients feel satisfied and more satisfied, we also can feel comfort when trading with them. Now Armada Markets is my choce

  7. #107
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    Quote Originally Posted by redbull View Post
    I think popularity is the choice too. If a broker is popular then I will use them since they have earned the trust of many users so I will also use them. But I will not use anyone that do not have a good reps or too new. I also will not use any broker that have high spread or snipping going on. I will also not use those with poor service.
    Yes, Good broker is a broker that provides benefits to traders and also has popular. besides that a broker gives a lot of promotions and contests to promote the spirit of the trader to trade better and also has a lowest spread

  8. #108
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    yes we must choose best broker they give us best platform and give us best options in trading that help us in market trend moving average and other indicators help and we make success in our trading.

  9. #109
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    Foreign Exchange or Forex as it usually known is really a good place to make your living, but you got to know what you are doing. Don’t just open an account and start trading because you will lose your money.

    Before trading on live account, try to read educational materiel on the subject, learn the technical analysis techniques and fundamental techniques. Find a good broker that has good reputation, even if he gives you a bigger spread that a broker that you know nothing about

  10. #110
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    I recommend Armada Markets. The broker has a very convenient facility for the type of traders who use scalping method that requires execution speed and low spreads. in addition, the broker gives you the freedom to traders to make a profit without any limitations (time, how to trade and others).

  11. #111
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    we should be more selective in choosing a forex broker, we can not arbitrarily choose a broker because many brokers who scam so we caution is needed. and we can test the broker with a demo account. for now I have found the right broker. The tenkofx I can trade comfortably

  12. #112
    The first priority in choosing a broker is to check certain things. If it is regulated, as that will give us feeling of satisfaction that our investment is safe and it removes extra pressure of losing money. Now if the broker is providing bonus to join them, it will be good idea to join and trade on that bonus. If we are good enough to double that bonus, it would be great to withdraw and use it for trading.

    I trade with OctaFX, as they gives free 8 USD to trade to every newbie with their no deposit scheme and we are also able to withdraw any profit made instantly without needing to complete any major condition unlike other brokers which never let us withdraw with impossible to complete conditions.

  13. #113
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    While choosing my broker i make sure that I choose a broker which has a reputation and name in the market. Also I make sure that they provide good leverage , have many clients and provide expert advice and all facilities to their clients and moreover there is no problem at the tie of withdrawal. Armada Markets is the best brokers for me now.

  14. #114
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    A good Broker in my opinion is the broker that gives the opportunity to the trader with the no deposit bonus and many promotion. However, it is better to try a demo account first to know the performance speed of execution and spreads. these things I do before choosing FBS

  15. #115
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    First make sure that its legit. If you really want to know a trusted forex broker site watch bloomberg and you can see the advertisements of forex broker sites. In this way you will know that you are in the good hands. I do invest now in forex broker sites that I see in bloomberg.

  16. #116
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    I now get the chance to trade in the Armada Markets. they provide a low spread. The lower the spread the higher is your profitability. Armada Markets have floating spreads from 0.0 pips on Exchange account and Classic account with variable spread starting from 1 pip. The table shows spreads of Exchange account.

  17. #117
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    Quote Originally Posted by uncle gober View Post
    I now get the chance to trade in the Armada Markets. they provide a low spread. The lower the spread the higher is your profitability. Armada Markets have floating spreads from 0.0 pips on Exchange account and Classic account with variable spread starting from 1 pip. The table shows spreads of Exchange account.
    Its more like promotion to me. Is this armada or yours has paying forum that we can post and earn bonus funds? Right now this is the forex broker sites that I like to join. Or is this forex broker sites allowed hedging? That's one of the requirements also. I really do hope to make good income in forex trading some day using a lot of different forex broker sites.

  18. #118
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    Choose broker which provide good servicefor their clients. I also choose TenkoFx because i also feel comfortable with this broker. The most important is when we want to test broker, try to look for reviews first so we will get some options

    "Invite your friend, get $10 and win $5,000"

  19. #119
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    Quote Originally Posted by budado View Post
    Its more like promotion to me. Is this armada or yours has paying forum that we can post and earn bonus funds? Right now this is the forex broker sites that I like to join. Or is this forex broker sites allowed hedging? That's one of the requirements also. I really do hope to make good income in forex trading some day using a lot of different forex broker sites.
    I think the title of this thread all about selecting a broker. why do you think the promotion ?. each broker has its advantages and disadvantages. whether you use a broker that has a time limit to do scalping ?. with the freedom to choose the strategy given by the broker, I hope I can get more profit

  20. #120
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    choose a forex broker should we do with caution because then we will get the right broker. we must examine the broker that we will use for this forex trading. we can test the broker by trying to trading on a demo account or try to trade on a real account with a small capital as $ 10 in tenkofx

  21. #121
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    I think it is all based on regulation,right? The broker that i'm using right now are a regulated broker, it is regulated by FCA, CFTC, MFSA and ASIC. Overall the service are good, their supports also supporting my language and i can communicate with them better, also it offers high leverage for me.

  22. #122
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    I think obvious way to select a regulated brokerage company since that give us surety of it’s not scam so that not only help us trade with comfort but enhance our performance and takes it to top notch level. I trade with regulated broker that OctaFX is. They are fully licensed while have solid reputation in the market with over 8 awards in just 4 years of their service and what’s more they have amazing payment system where all gets it instantly.

  23. #123
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    Choose based on many criteria, one of the most useful criteria is that broker must be have at least 2 strict regulator, for example if your broker really regulated by CFTC and FCA at the same time, then you broker is likely to be safe compared to the others.

  24. #124
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    Here we would like to explain the importance of the various criteria according to which you can screen the brokers we have reviewed, and make your choices. Due to the vast diversity of options, it is not possible to speak of a broker who is perfect for all kinds of traders. Instead, you should carefully consider your own expectations from trading, and compare that with what is offered by the broker, and choose the one that is best suited to your needs.

    The primary qualities you should look for when picking a broker:

    • Transparency
    • Jurisdiction
    • Security of Funds
    • Execution Model
    • Systems reliability


    Details

  25. #125
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    Quote Originally Posted by uncle gober View Post
    Here we would like to explain the importance of the various criteria according to which you can screen the brokers we have reviewed, and make your choices. Due to the vast diversity of options, it is not possible to speak of a broker who is perfect for all kinds of traders. Instead, you should carefully consider your own expectations from trading, and compare that with what is offered by the broker, and choose the one that is best suited to your needs.

    The primary qualities you should look for when picking a broker:

    • Transparency
    • Jurisdiction
    • Security of Funds
    • Execution Model
    • Systems reliability


    Details
    Based on your posts, some brokers could claim that they have security and transparancy but what they offers are vice versa. It is hard to know about transparancy since they are pure ECN like Dukascopy or Interactive Brokers, as for security i think regulator playing important roles here.

  26. #126
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    Quote Originally Posted by pepy View Post
    Based on your posts, some brokers could claim that they have security and transparancy but what they offers are vice versa. It is hard to know about transparancy since they are pure ECN like Dukascopy or Interactive Brokers, as for security i think regulator playing important roles here.
    Based on my experience of trading in Armada markets, the broker is in accordance with what they wrote on the website. they are transparent and have the trading conditions with low spreads. Now I feel lucky to trading in the Armada Markets because they now improve trading performance. They anounce that starting from January 1st, 2015 FSA authorized and regulated company Tickmill Ltd ( Tickmill | ECN Forex Broker | Forex trading ) will continue providing you with first-class trading services. With a wide range of new instruments excellent trading terms and conditions, Tickmill is ready to take your trading experience to the next level

    What improvements will Tickmill bring?

    • You can expect the following additional benefits:
    • Strong protection and security as Tickmill is authorized and regulated by the FSA
    • Your funds will be kept segregated in the top-rated banks under the supervision of the FSA
    • New trading instruments such as DAX, S&P500, Nasdaq and Dow Jones stock indices and commodities
    • New account base currencies – CHF, AUD, SGD
    • A number of new payment options
    • Improved deposit and withdrawal processing
    • Improved web-based Client Area
    • New and improved IB compensation scheme
    • IB Room with great and simple set of tools, so that anyone can now become our IB

  27. #127
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    Quote Originally Posted by uncle gober View Post
    Based on my experience of trading in Armada markets, the broker is in accordance with what they wrote on the website. they are transparent and have the trading conditions with low spreads. Now I feel lucky to trading in the Armada Markets because they now improve trading performance. They anounce that starting from January 1st, 2015 FSA authorized and regulated company Tickmill Ltd ( Tickmill | ECN Forex Broker | Forex trading ) will continue providing you with first-class trading services. With a wide range of new instruments excellent trading terms and conditions, Tickmill is ready to take your trading experience to the next level

    What improvements will Tickmill bring?

    • You can expect the following additional benefits:
    • Strong protection and security as Tickmill is authorized and regulated by the FSA
    • Your funds will be kept segregated in the top-rated banks under the supervision of the FSA
    • New trading instruments such as DAX, S&P500, Nasdaq and Dow Jones stock indices and commodities
    • New account base currencies – CHF, AUD, SGD
    • A number of new payment options
    • Improved deposit and withdrawal processing
    • Improved web-based Client Area
    • New and improved IB compensation scheme
    • IB Room with great and simple set of tools, so that anyone can now become our IB
    It said regulated by FSA/FCA but i cannot find that broker there when i am searching it, does it truly registered in FCA/FSA? can you provide me with the linke like this one, in one of the broker that i was and am still using right now.
    Financial Services Register

    Financial Services Register

    Maybe you can provide that too, because as far as i know that many brokers only tend to say that in their homepage but does not provide the real data. I hope i'm missing it.

  28. #128
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    Quote Originally Posted by pepy View Post
    It said regulated by FSA/FCA but i cannot find that broker there when i am searching it, does it truly registered in FCA/FSA? can you provide me with the linke like this one, in one of the broker that i was and am still using right now.
    Financial Services Register

    Financial Services Register

    Maybe you can provide that too, because as far as i know that many brokers only tend to say that in their homepage but does not provide the real data. I hope i'm missing it.
    I think you are wrong in looking for and also you do not do a crosscheck against tickmill website. The website tickmill shown clearly written regulations.


  29. #129
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    Finding the best forex broker that has a fast execution capability, a reliable trading platform and which can be trusted with your account deposit might be the first things you will want to assure yourself of. Other sweeteners can include account opening bonuses and other features like mobile trading and SMS market alerts. I think TenkoFx provide an excellent facility for traders, PAMM Manager, Investor and Partner

  30. #130
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    Quote Originally Posted by uncle gober View Post
    I think you are wrong in looking for and also you do not do a crosscheck against tickmill website. The website tickmill shown clearly written regulations.

    It seems you that don't do any crosscheck dude, you just believe what that broker told you? The website i access is the regulator one which regulated all brokers and payment processor that claimed to be registered under FCA. Maybe you can check it once again in the linke that i shared to you about your broker, maybe they are just claiming and i have seen so many broker that did the same thing.

  31. #131
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    i think when you will start to choose the broke then you will security: choose a regulated broker, one that is operating in one of the main regulated territories e.g. USA, Germany,Great Britain, Australia or France.
    Customer service: good brokers offer reliable customer support, giving you the possibility to communicate with their representatives and get answers to your questions.
    Trading platform: the platform should be clear, intuitive and simple to run. It should include a variety of trading tools and technical indicators. Bonuses like live news and articles certainly raise its quality.
    Transaction costs: compare the fees taken by different brokers and look for one which is competitive.
    Live quotes: accurate quotes and fast response times to your orders are critical for successful trading.

  32. #132
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    Quote Originally Posted by pepy View Post
    It seems you that don't do any crosscheck dude, you just believe what that broker told you? The website i access is the regulator one which regulated all brokers and payment processor that claimed to be registered under FCA. Maybe you can check it once again in the linke that i shared to you about your broker, maybe they are just claiming and i have seen so many broker that did the same thing.
    I think you are wrong, Tickmill not regulated by the FCA but regulated by the FSA - Financial Services Authority Seychelles



    You see clearly in the picture that Tickmill: Financial Services Authority (FSA) regulated, Licence No SD008, Seychelles . why do you still expect that TICKMILL regulated by the FCA?

    I've posted pictures of my search on the regulation of TICKMILL in the FSA. This is the picture.



    Last edited by uncle gober; 02-25-2015 at 11:14 AM.

  33. #133
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    Nice Discussion ..

    Strict regulation will bring a good impact for traders because of security funds could be better. one of the very tight regulation is FCA. The FCA is the independent body that regulates the financial services industry in the UK and they have been given a wide range of rule-making, investigatory and enforcement powers in order to meet their three operational objectives, which are:

    • To secure an appropriate degree of protection for consumers.
    • To protect and enhance the integrity of the UK financial system.
    • To promote effective competition in the interests of consumers.


    now I use ExoFX regulated by FCA. This broker also offer :

    • Fixed spread from 2 Pips , Leverage up to 1:400
    • Accounts from $500
    • UK FCA Regulated Broker
    • Automated Execution
    • No Dealing Desk NDD/STP
    • Fast Deposits & Withdrawals
    • EAs strategy Capabilities
    • 24/5 Customer Support
    • Swap-Free or Islamic Accounts
    • Segregated & Secure Accounts

  34. #134
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    The best trick in picking the right broker is to go with regulated one and currently I trade with OctaFX, it’s an regulated broker and also has mind boggling offers which includes 50% bonus on deposit starting from just 5 USD and what I like most is their demo contest where I can learn and also stand a chance to win one of the most wanted prizes as currently with cTrader demo contest I can win 150 USD in a week if I am good enough.

  35. #135
    Quote Originally Posted by Philip Trauner View Post
    The best trick in picking the right broker is to go with regulated one and currently I trade with OctaFX, it’s an regulated broker and also has mind boggling offers which includes 50% bonus on deposit starting from just 5 USD and what I like most is their demo contest where I can learn and also stand a chance to win one of the most wanted prizes as currently with cTrader demo contest I can win 150 USD in a week if I am good enough.
    It can be straight forward or can be extremely tough depends on the people around us and our own common sense, it’s crucial to do proper research to find a good broker and also we should always take help from seniors to decide for the best company that we could be working with, it will always help us bring good result.

    I have followed senior traders only and that’s why I also joined OctaFX, it’s a fabulous company with excellent reputation and just recently they won the award for most reliable broker, so that’s not mean achievement and their 50% bonus is world famous due to been use able for all traders whether it’s low or high investors and start amount is as low as 5 dollars!

  36. #136
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    Trading Forex is only interesting when the right choice has been made and if a trader wants to trade in it and make it something that is worth the time he spends in it, then there is the need to also choose a good broker. Choosing a broker can be one of the most difficult things for a newbie unless there is someone to feed him with some kinda information to make it work.

  37. #137
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    Well, I think demo practicing is the much clear option to know the actual state of the Fx broker. Otherwise, if you select a broker without demo practicing then it can be harmful for us because we are not familiar about their trading spreads, requotes, slippage etc. Personally, I also used this method to find out suitable option for my trading. After using many trading broker at least I have selected TradingBanks as my broker. Because, it’s an ECN broker and also have low trading spread. So, as a scalper it’s enough for me to go with this one.

  38. #138
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    Quote Originally Posted by Shobur Ahmed View Post
    Well, I think demo practicing is the much clear option to know the actual state of the Fx broker. Otherwise, if you select a broker without demo practicing then it can be harmful for us because we are not familiar about their trading spreads, requotes, slippage etc. Personally, I also used this method to find out suitable option for my trading. After using many trading broker at least I have selected TradingBanks as my broker. Because, it’s an ECN broker and also have low trading spread. So, as a scalper it’s enough for me to go with this one.
    Now is a lot of brokers who compete to be the best in the forex business. But all have a separate market segment, I see a lot scalper traders choose TICKMILL for excellence in execution speed and low spreads. This broker is giving me the opportunity to trade scalping without any restriction. although trading under one second

  39. #139
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    While choosing for a broker, you need to check for its regulation. If the regulation is good, go for it. The broker should have an over all good reputation and withdrawals of profit/money should be smooth and fast. I trade with mayzus who has all these features and I never have any issue with them. I'm satisfied that I've chosen a best broker for my trading career.

  40. #140
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    Choosing a proper broker is the best decision to be made while starting a trade. You should consider its past transactions. Before 3 years I have started to trade with my Broker and till now I have never incurred any huge loss in trading but I have earned huge profit through my Broker.

  41. #141
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    It's very important to check the reputation of a broker before investing the money into the company. Personally, I started trading with Fresh Forex only after making a research and learning that this company was recognised to be a broker with the best client support (according to the independent Trading Academy rating) as well as it was recognised to be the best broker in Asia.

  42. #142
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    You can choose a broker based on the fact that you understand that particular type of broker and also understand the way they work. There is no broker that doesn't have their own peculiarities and what you simply need is an understanding of how that broker is and also how to make things count for yourself and to your benefit.

  43. #143
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    I would prefer A broker with low spread charge ( TICKMILL )and offer a platform were traders can learn new things is a good example also and may help in making trading somehow simple for the trader in charge, and I do believe that many traders also have their own ways of choosing the brokers.

  44. #144
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    Actually, as a scalper I always make profit by using my trading policy in my trading stage MXTrade. Because, I am getting only one pip narrowest trading spread that helps me to make profit at any major currency. On the other hand, by provided that, this ECN trading platform always ensures best trading environment for scalping. So, at any times, I am able to make profit.

  45. #145
    I have very simple way of selecting the broker and that’s checking their past reputation and support service. After doing research with keeping all these points as requirement I have found Nova FX broker been perfect match. They have excellent system with having stable spread of 1.5 pips, high leverage up to 1:1000 plus is highly reputed company, so working with them always lead to comfort for any trader especially new comers while there is also 24/5 active support service making it even better.

  46. #146
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    in choosing a broker then we need to be careful because with so it will allow us to trade with maximal if we could get the right broker. We can use a demo account to practice trading well and always improve trading skills with a good

  47. #147
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    Recently, I have selected Mxtrade trading broker due to 100% deposit bonus. even though, this kinds of profitable bonus cannot be used for all times due to many restrictions but I am very lucky to select this ECN trading platform where at all times I am able to make use of this deposit bonus with only one pip narrowest trading spread devoid of any limitations.

  48. #148
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    Quote Originally Posted by Rassel Munna View Post
    Recently, I have selected Mxtrade trading broker due to 100% deposit bonus. even though, this kinds of profitable bonus cannot be used for all times due to many restrictions but I am very lucky to select this ECN trading platform where at all times I am able to make use of this deposit bonus with only one pip narrowest trading spread devoid of any limitations.
    Any broker we use for trading, if we get the best trading condition, we must maximize it as well as possible. Even we also can use bonus if broker offer it. Bonus will help us especially when bonus can hold position

  49. #149
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    choose a forex broker then we need to be cautious when trading, so we can trade with maximal if we have to get the right broker. We can use a demo account to test broker. So that we can know for services of a broker

  50. #150
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    In spite of having most powerful analyzing trade knowledge, it is not probable to make profit if you do not have narrowest trading spread. So, I have chosen MxTrade as my trading platform where from my first day of trading I am getting only one pip trading spread. So, for all times I am able to make profit by means of any kinds of trading policy.

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