How to select a reliable broker for trading currencies

[Kabza12x]

How do i choose the best broker to trade currencies

 

[HeavLeighGill]

I would look at these things:
1.) Available assets for trading
2.) Leverage
3.) Platform
4.) All associated costs
5.) Deposit/withdrawal methods
6.) Customer service

Everyone has different needs, so you need to consider all of this and make sure they have what you need. Then thoroughly research that broker to look for good feedback. A bad review here or there can be normal and explained by a bad trader blaming the broker, but keep an eye out for red flags. If you can't find any user feedback online, don't use them unless you want to be a Guinea pig for them. Also - be cautious of bonuses or offers that seem too good to be true.

 

[Gumshoe]

Well, each one of us looks for some specific things when it comes to choosing a reliable broker. Some prefer regulated brokers while some don’t consider it an important factor while choosing a broker. My suggestions would be to go for regulated brokers like fxview and xm. As always, make sure to research to see if they fit your trading requirements.

 

[mwangid]

Well, each one of us looks for some specific things when it comes to choosing a reliable broker. Some prefer regulated brokers while some don’t consider it an important factor while choosing a broker. My suggestions would be to go for regulated brokers like fxview and xm. As always, make sure to research to see if they fit your trading requirements.

Look for regulated brokers.