Reply With QuoteTo choose a broker, you must first check the broker's license. Then you have to do research on the popularity of the broker. Need to analyze the services of the broker. I analyze these issues very well before selecting a Eurotrader broker.
Best broker
ECN broker is the best as they have most reduced spreads. Their spreads don't change much. They stay in every practical sense resolute. A terrible can hit your stop calamity by expanding the spreads intentionally. Regardless, never propose scalping for new traders. For scalping you require astoundingly solid outlook. Scalping is the most exceedingly stunning foe to new traders. I trade on Eurotrader broker, an ECN broker that has very low spread and flexible leverage from 1:50 to 1:500. It's very scalping friendly.
To choose a broker, you must first check the broker's license. Then you have to do research on the popularity of the broker. Need to analyze the services of the broker. I analyze these issues very well before selecting a Eurotrader broker.
I agree. The most reliable brokers are always the ones with a good license. Regulators, on the other hand, often have to deal with scammers without licenses ripping people off, it's prudent to stay away from such.
I also trade only with ECN brokers to avoid conflict of interest. I think it is very important that you don't trade against your broker in the long-term because you can be confident trading conditions will be independent from your broker will.Originally Posted by Ilkka Lenkkeri
There is nothing best in the world rather everything has the space of improvement. However, a reliable broker always provides its users with all necessary facilities. It provides its traders with high security of fund using segregated bank accounts of different banks.
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It is important to choose a broker with the optimal bee credit. You can also take a leverage of 1:1000, but do not forget about the big risks in trading with this leverage. I think the conditions from ForexChief are suitable for this type of trading, the spread is low on the main currency pairs, the leverage is 1:400 and higher, there is a cryptocurrency, algorithmic trading is allowed, the minimum entry threshold is 10 US dollars or the equivalent in nine currencies.
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