Sponsor
Like this page 1
Like this page 2
Click Here!
Join & Earn
I am Here!
Huge Money
Earn Money
Earn By Posing
2 cent Per Post
Earn by typing
Click Here!
Search Engine
Promote and earn
User Who get the master Card
Click Here!
Rules for eligible
Ved International
General Rules
Payment proof 1
Happy Moment
Job Discussion
Fantastic Ved
Earn By Posing
I am Here!
Huge Money
Earn Money
Earn By Posing
2 cent Per Post
Earn by typing
Click Here!
Search Engine
Promote and earn
User Who get the master Card
Click Here!
Rules for eligible
Ved International
General Rules
Payment proof 1
Happy Moment
Job Discussion
Fantastic Ved
Earn By Posing
Earn by typing
Click Here!
Search Engine
Promote and earn
User Who get the master Card
Click Here!
Rules for eligible
Ved International
General Rules
Payment proof 1
Happy Moment
Job Discussion
Fantastic Ved
Earn By Posing
Social bookmarking
Bookmark and share the address of Ved International Discussion Board on your social bookmarking website
Top posting users this month
No user |
Most active topic starters
jesus | ||||
blackroseshrestha | ||||
oshen011 | ||||
riship | ||||
black.bitch222 | ||||
awesomeanil | ||||
binusasi | ||||
hacker1187 | ||||
apocalypto!! | ||||
evergreen55555 |
Who is a reputable Forex broker?
Page 1 of 1
Who is a reputable Forex broker?
There are quite a few reputable forex brokers in the industry.
Here are a few to consider:
Interactive Brokers, Oanda, and FXCM
Each trader will have different needs and so this is not a one size fits all type of answer.
You may be a scalper where tight spreads are your primary concern, or you may be a long term trader and interest carry may be of more concern to you.
So there are alot of different questions that you must ask to fit the best broker match for your particular situation.
But aside from that, there are a few universal things that you must look at in determining the reputation of a forex broker.
Here is a few important things to look for when selecting a forex broker:
Regulatory Compliance - Check to make sure that the forex broker is licensed to do business and regulated by an official government agency. For example, in the USA, the CFTC and NFA are regulatory bodies that are tasked with overseeing Forex Brokers.
Data Security Infrastructure - You must ensure that the broker has the necessary security in place to prevent hacks and potential DDOS attacks, which could jeopardize your account and sensitive personal information.
Trade Execution - There are Brokers that act as Market Markets which are referred to as Dealing Desk Brokers, and others that are ECN brokers that allow you access directly to the Interbank market quotes. ECN brokers will typically charge a commission and offer direct spreads while Dealing desk brokers will add a markup to the spreads.
For a detailed discussion on what to look for when choosing a Forex broker, check [Only admins are allowed to see this link]
Here are a few to consider:
Interactive Brokers, Oanda, and FXCM
Each trader will have different needs and so this is not a one size fits all type of answer.
You may be a scalper where tight spreads are your primary concern, or you may be a long term trader and interest carry may be of more concern to you.
So there are alot of different questions that you must ask to fit the best broker match for your particular situation.
But aside from that, there are a few universal things that you must look at in determining the reputation of a forex broker.
Here is a few important things to look for when selecting a forex broker:
Regulatory Compliance - Check to make sure that the forex broker is licensed to do business and regulated by an official government agency. For example, in the USA, the CFTC and NFA are regulatory bodies that are tasked with overseeing Forex Brokers.
Data Security Infrastructure - You must ensure that the broker has the necessary security in place to prevent hacks and potential DDOS attacks, which could jeopardize your account and sensitive personal information.
Trade Execution - There are Brokers that act as Market Markets which are referred to as Dealing Desk Brokers, and others that are ECN brokers that allow you access directly to the Interbank market quotes. ECN brokers will typically charge a commission and offer direct spreads while Dealing desk brokers will add a markup to the spreads.
For a detailed discussion on what to look for when choosing a Forex broker, check [Only admins are allowed to see this link]
ALGERNON- Worker
- Posts : 87
Join date : 2015-09-06
Similar topics
» What is the best forex broker?
» How do I know which one is the best forex broker?
» Broker for trading on FOREX?
» What should you consider when choosing a broker?
» How To Shield Yourself From Forex Broker Scams
» How do I know which one is the best forex broker?
» Broker for trading on FOREX?
» What should you consider when choosing a broker?
» How To Shield Yourself From Forex Broker Scams
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum