Discussion in 'Forex Brokers' started by noframe, Nov 8, 2021.
i have seen so many unregulated brokers which are most reputed and trustable by the traders.
I have a small question, how do you know which broker is the best for us, especially a beginner? Should I look for spreads based or commission?
I recommend you stop wasting time searching for best spreads based broker/ best commission based broker. At the end of the day beginner will lose money no matter which broker you go with.
Yes, beginners might lose some money but that is not because of the broker, I believe it would be due to a lack of knowledge and bad trading decisions. Everybody has their approach to choosing the one best broker for themselves.
Totally agreed! For me, I look for low commission and maybe deposits too and before going live, I make sure to try my hands-on demo so that I can be more confident to try out live.
the regulated broker always safe and sounds for the traders . do you believe this ?
For just a few dollars, criminals are selling credentials for customers of E*Trade, Charles Schwab, TD Ameritrade, Robinhood and others, according to New York-based security firm Intsights.
traders should choose the broker which is more appropriate to the concept of trading that will be used. thanks
Not every broker is trustworthy but before choosing one must be very well aware of the trading conditions of the broker.
regulated broker is still better than unregulated one cause those are scam brokers that you will just loose money trading with them.
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