there are so many brokers nowadays right? other than broker that have been operating for a long time, what is another things that we need to know for confirmation that broker is legit? really need an opinion from you guys
how do we want to know if the broker is legit or not?
- Thread starter NewbieScalper
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Good question! As far as I know, you have to choose your broker based on recommendations of real people! You can find fake reviews and even regulations nowadays! First, try to ask your relatives or helpful people on forums (check if they are helpful or just being paid) Then go and check their Support team / ask them questions about their rules, check if they've got fixed or floating spreads and things like that. Do not rush!
To be a legit one, the broker should be either well-regulated or old and reputable.
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