how to choose the right forex broker ?

[Natalia Rev1]

There are several factors to consider before selecting a trustworthy and reliable forex broker, such as:
1. Regulatory Compliance
2. Account Features - each of them has different account offerings
3. Leverage and Margin - depending on the broker, forex participants may have access to leverage made available in their margin account.
4. Initial Deposit
5. Currency Pairs Offered
6. Trading Platform - traders should make sure a broker's platform and the software comes with the technical and fundamental analysis tools they need

 

[Lelia Erdman]

Everything is correct.
However, complete trust in the broker appears only after cooperation with him. Prior to this, consider the ease of broker information, regulation, withdrawal, and deposit processes.

 

[alzheimer]

Agree we have to check properly if a broker passes all key criteria before starting to trading with them, it will save a lot of time.

 

[Fried_Rice]

There are several factors to consider before selecting a trustworthy and reliable forex broker, such as:
1. Regulatory Compliance
2. Account Features - each of them has different account offerings
3. Leverage and Margin - depending on the broker, forex participants may have access to leverage made available in their margin account.
4. Initial Deposit
5. Currency Pairs Offered
6. Trading Platform - traders should make sure a broker's platform and the software comes with the technical and fundamental analysis tools they need

Definitely not the order or list of requirements I look for!!

 

[alzheimer]

I guess good broker can be found only in the trials and errors process. You often can't know in advance what your trading system needs and what are drawbacks of the broker, only experience can provide you with this valuable knolwedge.

 

[Goldbarrel]

A good IB partner can help you with this.