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  1. #1
    Join Date
    Jun 2012
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    255

    How to Choose Fx Broker.?

    Some agent systems are also better suitable for computerized dealing. For example, MetaTrader 4 (MT4) is a preferred among store investors who system their own “Expert Advisors ” or “EAs”. If that is you, then this could be a identifying aspect when buying a broker.

  2. #2
    Join Date
    Dec 2010
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    7,813
    First question is how much capital you can afford to invest? Because what the use of choosing a broker site when the minimum amount to invest is just too big for your budget. right?
    Second payments processor. Because if you use a broker site that does not cater the payment processor that you are using then what the use as you can't deposit and withdraw.
    That's why you must know this first before investing.

  3. #3
    Join Date
    Aug 2012
    Location
    New York
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    There are so many forex websites available in around us that can offer specific broker reviews and opinions. You can also find them in many forums and blog posts. Not all published is trusted. However, these forex broker opinions must give you some thought of other professionals experiences.
    we provide the best nyc financial planner

  4. #4
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    Sep 2011
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    The safest way on choosing a broker is using that many traders are using that broker. For example I am using FBS right now because there are in many forum, told us many traders using this great forex broker.

  5. #5
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    Sep 2012
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    75
    Comfortable, reliable and trusted... I can find the broker like that because i join in forum, my broker is FBS.. Many traders use this broker, and that's why i join with this broker..

  6. #6
    Choose broker which has fast server, without requote, reliable, give good service for us and not scam. I use fbs, how about you? Have found broker that make you comfortable in trading?

  7. #7
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    Sep 2011
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    So there's more traders using FBS now, that's why FBS got the awards as The Best Forex Broker Asia 2012 lately. The awards will be more reason to choose a broker.

  8. #8
    Join Date
    Dec 2012
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    452
    From my perspective, choosing a forex broker is a personal decision. First, you need to make a list of what you want from a broker. Some things you will absolutely require, others will be things you want, but can live without.



    http://www.forex-metal.com/affiliate/46199/2

  9. #9
    Join Date
    Sep 2011
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    59
    For me, as a trader. i think the best broker are give us many opportunity and right now i have found it on Forex | Armada Markets | LMAX | FX | Traders

  10. #10
    Join Date
    Sep 2013
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    About my own view, I will choose forex that its own forum just like instaforex and uwcfx, because we can read about many reviews. Also we can comment about them. And we know what is good and bad in them. Any broker which is popular and has good reputation.

  11. #11
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    Sep 2013
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    91
    Actually its really hard now to select good broker when so many broker around us. But i think there is some common thing and if have then we can say good broker. Because of this, it needs to regulate and good dealing dest which is primary aspect of any good broker.

  12. #12
    Join Date
    Aug 2013
    Posts
    69
    We should broker which are trusted and reliable. And Exness is the right one for me to trade in forex. I get maximal service and my withdrawal process is fast. It's really make me can be more focus to make my trading result be more maximal. The best trading conditions also i get from Exness with leverage up to 1:2000

  13. #13
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    Sep 2013
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    We look at comments made by members at a forex forum about a broker it will help to understand your broker well and also you can know if there is any problem with the broker already. Further you should ensure that the broker you are going to make a deposit with should be well reputed and regulated.

  14. #14
    Join Date
    Apr 2013
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    Quote Originally Posted by wynnasuju View Post
    Choose broker which has fast server, without requote, reliable, give good service for us and not scam. I use fbs, how about you? Have found broker that make you comfortable in trading?
    I have get the best broker for my trading. Armada markets is my choice. I can get the best trading service and trading conditions. I get lowest spread ever i got before. Any one wanna try it? Let's use 15 EUR welcome bonus from Armada Markets to test this broker.

  15. #15
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    Sep 2011
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    Quote Originally Posted by uncle gober View Post
    I have get the best broker for my trading. Armada markets is my choice. I can get the best trading service and trading conditions. I get lowest spread ever i got before. Any one wanna try it? Let's use 15 EUR welcome bonus from Armada Markets to test this broker.
    I also have had the best broker choice is FBS Markets Inc., I was very comfortable and up to now there is no problem about WD and deposit that I did. other than that, there are a lot of promotional options from FBS Markets Inc. that can be followed by traders, such as no deposit accounts ($ 5 free), IB Contest, FBS Pro Demo contest, contests supertrader, Predict NFP and many others.

  16. #16
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    Sep 2013
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    230
    You should choose one where they give free bonus. You should use one where they allow fast withdrawal and bonus upon deposit. You should also choose one with the most advance and fast execution trading platform and low spread and most of them have different spread. Some have one percent while others have point one percent.

  17. #17
    Join Date
    Sep 2013
    Posts
    70
    There is many of forex brokerage nowadays. So, trader should choose who the best is. But as I know rarely forex broker become scam and so, as far as there is no bad testimonial from their investor, that's meant these forex broker is good.

  18. #18
    Join Date
    Sep 2013
    Location
    Sky
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    Actually its really hard now to select good broker when so many broker around us. But i think there is some common thing and if have then we can say good broker. Because of this, it needs to regulate and good dealing dest which is primary aspect of any good broker.

  19. #19
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    Sep 2013
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    230
    Quote Originally Posted by kaito kid View Post
    The safest way on choosing a broker is using that many traders are using that broker. For example I am using FBS right now because there are in many forum, told us many traders using this great forex broker.
    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.

  20. #20
    Join Date
    May 2013
    Location
    Mirpur-12, Dhaka Bangladesh
    Posts
    273
    I think there are no date for trade. We can trade every day and earn money every time. So we need to join here and learn about it. We can earn money from forex business and it is a risky business too....

  21. #21
    Join Date
    Sep 2013
    Posts
    91
    As we know that there are many things we must reconsider before we want to trading in some forex broker, and i think what you told to me is one of the good thing, but so far my forex broker that use to trading now have it all, so it seems I already choose the good broker.

  22. #22
    Join Date
    Oct 2013
    Posts
    25
    I am choosing broker with a good regulation. Using Segregated Bank Accounts and the main thing are always ready to answer all your questions and provide you with fast and quality support.

  23. #23
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    Sep 2013
    Posts
    32
    We have to look at some factors. So I want to discuss about those matters. First of all we have to check their current market status, then their previous track record. If we find all results are good then we need to check their available offers as numbers of brokers. If we found good result - then we can use that program.

  24. #24
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    Sep 2013
    Posts
    91
    Asking those who use it if it's good or not will be a good step, because we are traders and we do earn via trade and if other traders are not satisfied then I guess its going to be the same to us. We will not going to be satisfied as well. I'm hoping that I can make good profit in trading but then I realize that sometimes it's not the trading that is the problem but the broker site. As in some broker site I earn while other I loss

  25. #25
    Many factors must be considered in choosing a broker, regulation, server, reviews from other traders and many more. For now I use a broker, I chose it because it offered a deposit bonus that quite large.

  26. #26
    Join Date
    Sep 2013
    Posts
    63
    Some have like bonus from deposits as well as welcome bonus but I don't get how they like difference from bonus to free since its different term. I like those brokers which have usually good offers for those big traders but for those who just have smaller trading capital I don't think they will have here good promotion.

  27. #27
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    Sep 2013
    Posts
    70
    Well, before choose some forex broker I will search for some review about them in many site that I find in google, sometimes I get bad and good review about them like they are totally scamming or many things, so far I only choose the broker that already proven and have about 90% good review from all review site and used by many traders.

  28. #28
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    Sep 2013
    Posts
    80
    It depends about the review of each broker that will be suitable for you. In order to get a right broker, we need to ask a lot of questions about a particular broker. Know their spread and all other things like communication. Some good brokers have a good support team and can help one to get good knowledge in trading in forex.

  29. #29
    Join Date
    Oct 2013
    Posts
    53
    To select a broker which we feel comfortable investing our money is certainly not easy, before deciding to trade large capital, I think choosing a broker with a large deposit bonus as galleass be considered, when it feels comfortable, trading with a large capital will not be a problem.

  30. #30
    Join Date
    Sep 2013
    Posts
    38
    If you want to earn without investing then join forex broker sites that sponsor a paying forums. In this way you can earn bonus points and even some money if you post and then use that money or bonus to trade in forex broker site. In this way you can trade without spending or invest money.

  31. #31
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    Sep 2013
    Posts
    32
    Well, I would prefer A broker with low spread charge 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.

  32. #32
    Join Date
    Dec 2010
    Posts
    7,813
    Invest your time and effort in demo account. Make sure you know how to handle your account. The more you can handle your account the more you can end up making good profit in forex trading. So make sure you are going to become a millionaire in here. Lets just hope that we really can make it big without any problem at all.

  33. #33
    Join Date
    Oct 2013
    Posts
    25
    Have you considering by investing to PAMM trader reliable? We don't need to have a good trading sistem, just invest our funds and get profit sharing. Check this out :
    PAMM RVD Markets
    PAMM Alpari
    PAMM FXOpen

  34. #34
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    Sep 2013
    Posts
    63
    I would rather go with a popular broker because I can easily get reviews online and find out from other traders who have used the broker what their experiences have been. There are a number of brokers that are coming into the scene and giving out welcome bonuses and deposit bonuses that are aimed at attracting traders to work with them.

  35. #35
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    Sep 2013
    Posts
    70
    I prefer brokers that can be funded using forum bonuses because it’s easier to fund the account. If you keep on losing with the bonus that you are getting from forums then maybe you are not ready to go into live trading. You might want to take a step back and figure out where the problem could be and try to work on it first.

  36. #36
    Join Date
    Sep 2013
    Posts
    80
    It’s good to earn bonuses and use that bonuses to earn money in forex and in the long run you going to make lots of profit but same time what the use if you are keep on losing money right? I think its better that instead of focusing in ptp posting to earn bonuses we need to focus on learning how to trade.

  37. #37
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    Sep 2011
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    1,795
    Quote Originally Posted by macky View Post
    I would rather go with a popular broker because I can easily get reviews online and find out from other traders who have used the broker what their experiences have been. There are a number of brokers that are coming into the scene and giving out welcome bonuses and deposit bonuses that are aimed at attracting traders to work with them.
    Yes it right, many broker offer bonus deposit and advantages for trader. now FBS offer the trader 30% bonus deposit for trader every deposit. i think review of FBS is good until now. manay trader have a good experience trade with FBS

  38. #38
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    Aug 2013
    Posts
    69
    I think we should choose broker which provide the best service with maximal support client 24/7, ease of transaction, and the best trading condition because those will influence us when trading. If we can get maximal service from broker, we will be more focus and make more maximal profit

  39. #39
    Join Date
    Dec 2013
    Posts
    394
    Choose broker that give security to your funds. Your funds should be held in segregated accounts at the world’s largest banks and insured by the investor compensation fund. For example the technology that protected by robust, integrated security protocols so your money and your privacy will always be protected while you trade.

  40. #40
    Join Date
    Feb 2013
    Posts
    341
    I am currently looking for a forex broker that has low spreads, and it broker also have a forex forum. Because forex brokers that have forums generally have a better reputation, where we can ask about that broker via they forum. And I am also happy to use a forex broker that has contests regularly and constantly updated, usually the more even contest held by the broker then the broker is also increasingly good reputation.

  41. #41
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    Dec 2013
    Posts
    394
    Choose a broker is a crucial step for the trader in they trading activity. i suggest most trader want a broker who have a good reputation, good service, good managemant, and good server. so i get this all i need in my broker now

  42. #42
    Join Date
    Dec 2013
    Posts
    355
    Choose the right one which makes us comfort so we can be more focus and we also can maximize our trading. Now, i'm trading with TenkoFX. They give me the best service. Any one tried it?
    Last edited by CahCuncun; 12-28-2013 at 06:11 PM.

  43. #43
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    Sep 2013
    Posts
    230
    I think you will need to choose a really well trusted one. That is one of the most important part of being a trader. there are scams out there that you need to avoid. You will also need to choose one that will give you low spread and no snipping. One with good support. One with good good service and so on.

  44. #44
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    Dec 2010
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    7,813
    Try to learn first how to trade and try to know what kind of account that is good for you. In the long run I can say we can really make something good out of this site. I'm so sure that we can focus now on making one big income in here one after another. I'm really interested to know if we can really handle our account in here for good.

  45. #45
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    Dec 2010
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    7,813
    I do have lots of forex broker site right now. I guess its good if we know how to trade and just try to find a broker site that we think we can trust and make good income online. So far I'm really happy with my achievements in forex trading. What I really need right now is just a big trading capital to speak with.

  46. #46
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    Sep 2011
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    1,795
    Choose a forex broker is a big challenge for trader in the first step in trading. many broker offer many benefit for the trader. i have use many broker until i find the best broker i think. The first think to test the performance of the broker is trying demo account and what minimal deposit are they offer.

  47. #47
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    Apr 2013
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    one way to choose a broker is to perform tests against the broker. You can test your brokers by opening a demo account. Although demo account is not with real money it however gives you access to real trading conditions and allows you among other things to see the spreads of the broker, the speed of order execution, reliability of trading platform, etc.

  48. #48
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    Dec 2013
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    394
    Quote Originally Posted by uncle gober View Post
    one way to choose a broker is to perform tests against the broker. You can test your brokers by opening a demo account. Although demo account is not with real money it however gives you access to real trading conditions and allows you among other things to see the spreads of the broker, the speed of order execution, reliability of trading platform, etc.
    Yes, Before i am choose TenkoFx. I am test this broker demo account and Welcome bonus. I think they speed server are excellent. so i can make a profit from my account in this Broker. So, until now i comfort use this broker

  49. #49
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    Jun 2013
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    1,687
    The best way for a trader to choose a good Forex broker and be sure he has a good stand to it is to run a review of brokers he has in mind to trade with. There, he would see a lot of people that have been trading with the broker long ago and has better stories to tell about the broker.

  50. #50
    Join Date
    Dec 2010
    Posts
    7,813
    I have right now 5 forex broker sites and I'm hoping to add more. My goal is to have 20 different forex broker sites and has minimum of 1,000 dollars investments each. My target is to earn 25 dollars minimum on each trading accounts. So with 20 different accounts that means I can earn 500 dollars minimum each month.

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