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Old 10-01-2009, 12:20 PM
trader545 trader545 is offline
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Arrow How to choose a broker?

Hi!

I can give you advice how to choose a broker.

The specific parameters that one should look on before choosing a broker is:

1. Reputation in the financial market.
2. Certification and regulation.
3. Spread charged
4. Facilities provided like daily updates, recommendations, mobile trading, pone trading etc.
5. Customer care support
6. hidden cost if involved
7. User friendly platform etc.

A good forex broker should be always reliable and efficient.

And of course, first try on demo account. If it is a success, then you may try with the real money!

It's really good to try different brokers with different platforms, because experience is the most important. But after trying, I think, it's better to find THE ONE, that suits you best - who has a reputation in the financial market, where the customer care support is very good and of course, it must be safe and reliable!

Hope it helped!
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