Be carfull from choosing unregulated brokers
When choosing an online forex broker, you need to the take the following in consideration:
1. For your own safety and peace of mind, it is essential that your broker is regulated and licensed by a competent governing body.
2. Make sure you have read and fully understand the execution policy of the broker you have chosen.
3. Ensure that you are getting competitive spreads.
4. Try out small amounts to verify that the execution is fast and stable.
5. Reduce the risk of slippage and requotes by choosing a broker without a dealing desk, such as an STP Broker.
6. Choose a broker with a good cash rebate program for your trading.
I can recommend several brokers:
1.fxcm - big company, licensed, spreads are a bit high, but the service is good.
2.Traders Trust Broker - STP Broker that offers very good spreads, is fully licensed and offers Free Cash Rebate Programme – up to $3.5 per lot.
3.fxdd – licensed and regulated, not the best support.
When choosing an online forex broker, you need to the take the following in consideration:
1. For your own safety and peace of mind, it is essential that your broker is regulated and licensed by a competent governing body.
2. Make sure you have read and fully understand the execution policy of the broker you have chosen.
3. Ensure that you are getting competitive spreads.
4. Try out small amounts to verify that the execution is fast and stable.
5. Reduce the risk of slippage and requotes by choosing a broker without a dealing desk, such as an STP Broker.
6. Choose a broker with a good cash rebate program for your trading.
I can recommend several brokers:
1.fxcm - big company, licensed, spreads are a bit high, but the service is good.
2.Traders Trust Broker - STP Broker that offers very good spreads, is fully licensed and offers Free Cash Rebate Programme – up to $3.5 per lot.
3.fxdd – licensed and regulated, not the best support.