Brokers Are An Important Fact

Discussion in 'General Trading Discussion' started by Benigna Mazzi, Dec 27, 2021.

  1. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    Brokers are an important fact that every trader needs to trade in the forex market. Brokers are the intermediary between traders and the forex market. I recommend new traders start with the forex market. My broker Eurotrader offers the best trading facilities in the market. My broker also gives MT4 and MT5 trading platforms, micro-ECN and swap free ECN account and many more.
     
  2. Lindsey J. Crosby

    Lindsey J. Crosby Senior Investor

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    For trading, a good broker is very important. Finding a decent broker is a troublesome occupation. Here are several tips to pick a standard broker. The critical thing you have to see is the true blue body of the broker. It is a key bit of a broker. By then yield for leverage, edge, and spreads. So in addition check beginning deposit stray pieces. Moreover, that it is so normal to deposit and withdraw your cash. Furthermore, check their client leverage. I am also a trader. In like way, for my trading, I have gotten Eurotrader as it is a regulated forex broker. The broker offers bewildering offers and relationships for their customers.
     
  3. mikenovo

    mikenovo Senior Investor

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    Finding a proper broker is vital if one wants to be able to trade safely, without any anxiety about getting scammed, which can be a pretty major problem for the forex industry as a whole.
     
  4. Andris

    Andris Active Member

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    You would want to try Forexchief. This broker practically wants all traders using their platform to succeed. So the first thing offered to new traders is the bonuses. No deposit bonus up to $100. And a welcome bonus up to $500. Mt4 and mt5 available. This is a welcome broker and been good to me for more than a year.
     
  5. mikenovo

    mikenovo Senior Investor

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    That sounds pretty good. Where is it registered?
     
  6. Andris

    Andris Active Member

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    Forexchief is a member of FMA, (financial market association) and they have a very strong license with VFSC.
     
  7. mullbull

    mullbull Active Member

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    It has been mentioned time and time again that one should only trade with a regulated brokers like here. Ideally, your broker should be regulated in the UK and the EU and one should definitely avoid forex brokers with regulation from the countries you probably never heard of. Stringent regulation protects your funds and makes sure your broker follows strict rules.
     
  8. Manon

    Manon Senior Investor

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    Yes they are, and I appreciate the fact that they let you know the broker is associated with them by listing the brokers on the their site. This was how I found out that forexchief was genuinely regulated, I mean you have to be sure as one can't be too careful in this regard!
     
  9. Jason@

    Jason@ Senior Investor

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    I trade with them too, but I must be honest when I saw the bonus on their site at first I wasn't really sure they would fulfill all that they said until it happened and I was like wow!. One other thing I appreciate about them over time is their multilingual customer support options available 24/7.
     
  10. Manon

    Manon Senior Investor

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    Yeah I felt the apprehension at first too, until it became a practical thing. The profit can be withdrawn without any limitations, and the bonus itself can be withdrawn after required trading turnover completed. This is something you can hardly get, I would recommend them anytime.
     

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