When looking for a broker

**Golden Sark** · 10-07-2022, 03:36 PM

Please don’t recommend at any broker as a best broker without using practically. Because there are almost thousands online retail broker in this retail market place and most of them are found to be scams. I think according to my trading understanding the best broker is a broker which does not rustic any kinds of trading techniques with scalping and hedging. That’s why now I am comfortable with LQDFX which is regulated platform and permits all trading approaches including lowest trading spreads. So, my trading life is very much comfortable.

**Nich** · 10-10-2022, 07:57 PM

Originally Posted by Lea

I agree with you, allowing this freedom is everything a trader needs to succeed. I can't tell you how relieved I was when I found out that Forexchief allows all trading strategies, including scalping, and any tools, as well as Arbitrage. I was really happy!

This is true,you just know that they want the best for their clients as they provide regular updating of accounts, and the addition of new trading instruments in demand by traders which promotes growth.

**Lea** · 10-12-2022, 08:27 PM

Originally Posted by Nich

This is true,you just know that they want the best for their clients as they provide regular updating of accounts, and the addition of new trading instruments in demand by traders which promotes growth.

Yeah, that's the expression to describe them. Anyways I do not expect anything less from people who have been in the market for over 8years now rendering good services over the years.

**babushkafx** · 10-19-2022, 10:22 AM

Originally Posted by Nich

This is true,you just know that they want the best for their clients as they provide regular updating of accounts, and the addition of new trading instruments in demand by traders which promotes growth.

I really like that Hotforex introduced stocks that pays dividends, basically you get full-fledged access to US market without the hassle related to taxes, reporting and other strict regulation.

**Golden Sark** · 10-20-2022, 11:31 AM

Originally Posted by Golden Sark

When looking for a broker there are many things that you have to check. According to my trading experience first of all I will be looking for in a broker, if they are regulated or not. Then I will see their deposit and withdrawal system how it works. Now I am with LQDFX which is regulated with STP Execution trading platform and always ensures security of funds at any deposits with easy withdrawal system without long time process. So, my trading life is very much comfortable.

In Fx trading , by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non sense planning and zero risk management policy, nothing to do with high leverage at all. so, I think, before trading with high leverage we have to know how to manage risk.

**Lea** · 10-20-2022, 07:36 PM

Originally Posted by Golden Sark

In Fx trading , by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non sense planning and zero risk management policy, nothing to do with high leverage at all. so, I think, before trading with high leverage we have to know how to manage risk.

And most times to mitigate the risks involved in the market mainly depend on the broker we trade with, they should have good systems in place for security of funds.One reason I have always appreciated forexchief, they defend their traders from all negative factors that can affect trades, especially through segregation of funds.

**Golden Sark** · 10-21-2022, 12:46 PM

automated trading is a source to bring profit even though there is no trading knowledge and experience , so of course someone can use it with no doubt.

**Golden Sark** · 10-21-2022, 12:59 PM

before choosing a broker i always like to move on
FPA which is really supportive to make sure the accurate trading platform.*

**Golden Sark** · 10-21-2022, 01:12 PM

The regulation is not a big deal in Fx trading for choosing a broker, but the matter the credibility of the broker. because the credible broker does not restrict any kinds of trading techniques with scalping and hedging. that’s why I have chosen LQDFX from where I am able to use at any kinds of trading strategies in particularly the scalping that brings profit in a short time. so, my trading life is very much comfortable when scalping practically.

**Lea** · 12-19-2022, 10:17 PM

Originally Posted by Golden Sark

The regulation is not a big deal in Fx trading for choosing a broker, but the matter the credibility of the broker. because the credible broker does not restrict any kinds of trading techniques with scalping and hedging. that’s why I have chosen LQDFX from where I am able to use at any kinds of trading strategies in particularly the scalping that brings profit in a short time. so, my trading life is very much comfortable when scalping practically.

Exactly, regulation should not be yardstick for being a good broker. Mine with forexchief was the fact that they have been in the market for a long time with wealth of experience.