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[Razor1911]

There are many brokers now a days which you can find online very easily. Different sites offer different platform, different leverage, different payment options. So it has become very hard which broker to chose for your trading. Followonv are the list you should check before joining any broker.

1. Legitamacy- whether the site is legit or scam.
2. Payment options - whether they accept your chosen walllet or payment method.
3. Leverage - maximum and minimum leverage offeres.
4. Depsosit and withdraw- minimum and maximum amount for deposit and withdraw.
5. Account types- what kind of accounts provided.
6. Spread- check the spread if they are charging high or less.
7.customer supporr- whether they are prompt in replying your queries.

These are the things to keep in mind while joining a broker. You can share yohr thoughts or any points that you think should be included here.

 

[Ofonime]

There are many brokers now a days which you can find online very easily. Different sites offer different platform, different leverage, different payment options. So it has become very hard which broker to chose for your trading. Followonv are the list you should check before joining any broker.

1. Legitamacy- whether the site is legit or scam.
2. Payment options - whether they accept your chosen walllet or payment method.
3. Leverage - maximum and minimum leverage offeres.
4. Depsosit and withdraw- minimum and maximum amount for deposit and withdraw.
5. Account types- what kind of accounts provided.
6. Spread- check the spread if they are charging high or less.
7.customer supporr- whether they are prompt in replying your queries.

These are the things to keep in mind while joining a broker. You can share yohr thoughts or any points that you think should be included here.

That is very true I want to add that checking if a broker is regulated or not is another good option which must be consider before chosing a broker you also need to check the spread they charge some broker charges high spread and commission so things like that need to be consider also check the payment option they proide if its convinient to you

 

[Razor1911]

That is very true I want to add that checking if a broker is regulated or not is another good option which must be consider before chosing a broker you also need to check the spread they charge some broker charges high spread and commission so things like that need to be consider also check the payment option they proide if its convinient to you

That is a part of legitimacy. Yes we must always check whether the broker is regulated or not. It enhances the overall security of your funds. Before trusting any broker, it must be checked whether it is regulated or not.

 

[AlanSmash28]

Hi, you actually have very good tips, if you follow them you can really find and choose a good broker. I found the SuperForex platform https://superforex.com/partners-contest. It interested me because it not only ensures the reliability of your business, but also constantly conducts interesting promotions for its users. For example, now this platform raffles off gold between its users, who are registered partners. The partner who gets the maximum amount of partner commissions will get an impressive prize a gold bar.

 

[a_jerobon]

Those are very good tips to check when choosing a broker. Indeed you need one that offers the best payment method that you want. And checking the amount charged for spreads is wise, some are so high.

 

[Mikesax]

You are correct with all your explanation but I still want to add one more. One need to know the person you are dealings with very well before you can go in to the business with the brokers.

 

[Wisdom01]

The legitimacy and payment option would be my first concern, I won't like to even invest on an exchange platform that is not legit, I will make the necessary research before investing

 

[Ehnamuram]

There are many brokers now a days which you can find online very easily. Different sites offer different platform, different leverage, different payment options. So it has become very hard which broker to chose for your trading. Followonv are the list you should check before joining any broker.

1. Legitamacy- whether the site is legit or scam.
2. Payment options - whether they accept your chosen walllet or payment method.
3. Leverage - maximum and minimum leverage offeres.
4. Depsosit and withdraw- minimum and maximum amount for deposit and withdraw.
5. Account types- what kind of accounts provided.
6. Spread- check the spread if they are charging high or less.
7.customer supporr- whether they are prompt in replying your queries.

These are the things to keep in mind while joining a broker. You can share yohr thoughts or any points that you think should be included here.

All these are good ways to know if a broker is good or not before investing your money.
You need to make sure they are legitimate, you can do this by checking the reviews of the broker online.

 

[a_jerobon]

The legitimacy and payment option would be my first concern, I won't like to even invest on an exchange platform that is not legit, I will make the necessary research before investing

That is a very good thing to do. Indeed you need to have a payment option that favors you. That way, you can conveniently invest and withdraw your money.

 

[Wisdom01]

That is a very good thing to do. Indeed you need to have a payment option that favors you. That way, you can conveniently invest and withdraw your money.

It's the most important thing to consider , because it's through the payment method or option you would be able to make withdrawals and deposit the way you want

 

[Ofonime]

The legitimacy and payment option would be my first concern, I won't like to even invest on an exchange platform that is not legit, I will make the necessary research before investing

That is very true I also think that payment option is one of the thing that needed to be check when you are trying to chose a broker some broker dont pay with crypto rather they will consider bank wire which seems inconvinient to some traders

 

[Wisdom01]

That is very true I also think that payment option is one of the thing that needed to be check when you are trying to chose a broker some broker dont pay with crypto rather they will consider bank wire which seems inconvinient to some traders

Exactly I have seen some broker platform pay with payment method like Skrill ,and I don't even register with them because I don't like the payment option

 

[a_jerobon]

It's the most important thing to consider , because it's through the payment method or option you would be able to make withdrawals and deposit the way you want

That is right. The broker should be able to provide you with a convenient method of withdrawal and deposits. Also, you should check their charges so that you choose one that you pay the least.

 

[Wisdom01]

That is right. The broker should be able to provide you with a convenient method of withdrawal and deposits. Also, you should check their charges so that you choose one that you pay the least.

Right from the beginning anyone that actually charges more ,I don't even go for them , because I don't want to pay too many extra charge I think

 

[a_jerobon]

Right from the beginning anyone that actually charges more ,I don't even go for them , because I don't want to pay too many extra charge I think

Yeah, when charges are high, you earn less than what your profit was. So it is best when you choose a broker that offers less charges.

 

[Wisdom01]

Yeah, when charges are high, you earn less than what your profit was. So it is best when you choose a broker that offers less charges.

You are right in this case ,if you choose a broker with less charge it will save you some cost that you would pay when it comes to trading fees and others

 

[a_jerobon]

You are right in this case ,if you choose a broker with less charge it will save you some cost that you would pay when it comes to trading fees and others

Yeah, sometimes the fees can be really high that you end up using more of your profits instead of enjoying it. So the broker should not be one that charges you too much.

 

[AidropBK]

the important thing is to first check how its reputation is, whether there are problems, or not, then check again how the regulations are, whether they are properly regulated or not, and check again how the deposit and withdrawal methods are

 

[Sotherefore]

Most times the most important thing I check when I am choosing a forex broker is the legitimacy like you have mentioned, the one Google will recommend for me are likely to be the best and I also have to check what people says about them on the internet because that is where I'm going to get much idea about how they really operate.

 

[a_jerobon]

the important thing is to first check how its reputation is, whether there are problems, or not, then check again how the regulations are, whether they are properly regulated or not, and check again how the deposit and withdrawal methods are

Those are very good points you have mentioned to check in a forex broker. Indeed you have to start from checking it's reputation. That will tell you if a site is legit or not. Then you also see how the site works in terms of charges, payment and withdrawal methods and any limits available.