Who is your favourite trading author? (books) 30 replies
What is your favourite basic indicator??? 43 replies
What is your favourite EA? 2 replies
Whats your favourite Trading Book/Movie/Show? 15 replies
What is your favourite Fx Report & Analysis provider? 2 replies
DislikedI love Any brokers which offer no slippage, rarely requote, fast payment, tight spread...Ignored
Different Trading Styles are Forming Different Brokerage Needs
I believe that there is not such thing as the Best Forex Broker as there is not such thing as one Forex Trading Style.. Different trading styles (intraday, swing etc) are forming different brokerage needs..
For example if you are trading intraday or if you are a news-trader you are after very low slippage and tight spreads while if you trade swing or long you are after low swap charges and a great asset index and you don't particular care about fast execution.
Regulation Comes First and Then Everything Else
But there are some common facts determining a good Forex broker and I am referring mainly to reliability issues. Not-regulated Forex brokers are the worst choice for any trading style..
Maybe a broker can offer tight spreads, fast execution and a great asset index.. but if it is not regulated sooner or later this broker will prove a great disappointment. I had this bad experience in the past.
Regulation & reliability is a top priority issue for any trading-style, everything else comes after..
Disliked{quote} No slippage is called B Book .. nothing wrong with it but what you usually find is when you start making money they will STP you and then you will get slippageIgnored