10 Tips to Choose Forex Broker

1. Location

Do check the physical address is listed properly on the site of the broker.

2. Regulation

You have better chance of survival by opening an account with a regulated broker which is under supervision of the appropriate authorities.

3. Deposit and Withdrawal

When it comes to depositing and taking money out from your trading account, it is not only

crucial to know which payment methods are available, but also how broker

handles the withdrawal.

4. Security

It is important to find a broker that can withhold hacking attacks, fishing attempts and deal with fraud issues.

5. Free Demo Account

As a newbie in forex, you might want to practice those brilliant ideas before entering the real market.

6. Minimum Deposit Requirements

How much money do you need to deposit in order to open an account?

The values vary from $1 to $2,000 and it is up to you to make a decision.

7. Trading PlatformsWith a wide variety of brokers come extensive options in

Trading Platforms.

8. Trading Conditions

Find a broker with Low Spread, Sufficient Leverage and Mini & Standard accounts with different features and

services available.

9. Customer SupportCheck the broker’s customer support

ability and professionalism by getting

in touch with them via available methods and asking questions.

10.Charting Software

Charting is very important and you need the whole nine yards of indicators in order to make the right trading decisions and

make money.

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