I am still trying to figure out whether to continue with Tenkofx broker. I used their demo account to test a strategy. Please check their forex trading account types, the first one its commission free, but a markup price is indicated. What does a markup price mean. I have linked to it so you can check.
In my view, there is no particular broker in the market that is best. They are just better in some areas than the others and vise-versa, the focus should be based on what you want and chose one that will best fit in. For instance, some persons likes nothing more than they been able to withdraw their profits with ease, then look for a broker that offer many medium of withdraw and less stressful withdrawal policy.
In many ways it is a situation of “horses for courses” with some brokers specialising in particular areas and more appropriate for different types of investors. It is also worth remembering that your investment strategy/profile will likely change over the years. Might you need to re-evaluate and change your style of broker as well?
You know, this is something I have not really paid attention to and I bet many haven't as well, things change rapidly in the market and new strategies come. It will be a good point to re-evaluate your broker, to see if they still meet your standards, I believe this is one reason why many have more than one broker.
This is really logical, so by extension what works for you might not really be what will work for me. Pointed well noted, but we can still do with the recommendations though, as these can help us narrow down our search.
Of course you can always seek for opinions of others, but be careful not to rely fully on what others have said without you doing your own research.
I just appreciate this post so much, it's really all about what you want and how well the broker is spoken of. Just make sure they are regulated and have been around for long and that they have what you want. You don't have to go with the crowd, find your own best, I mean I did same myself when I was starting off. At the end I ended up with forexchief, they are not the most popular but they have what I need. Especially their range of payment method, multilingual customer service and educational and analytical materials.
Their payment system especially is world class honestly, you just have to give it to them. So many options, no commission, fast payment and more!
As per my view, FreshForex is the best of the best broker since they have all regulation papers even, they already got more than 50 rewards from reputable companies.
