ForexSecret123 (3)

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How we can choose a reliable Forex broker

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• Forex market is very competitive, so finding the
  right Forex broker is very difficult and can be a
  cause of headache for investors.
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• So choosing the right Forex broker could be a
  very overwhelming task especially when you don't
  know what should be the right criteria to choose
  a broker.
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• In this article we going to discuss which
  criteria you should look while choosing the right
  broker, there are several categories, now we are
  discussing them below.

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1. Security of the Broker

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• The most important factor that is good broker
  must have is the high level of security he can
  offer. It is very obvious that you are not going
  to hand over thousands of dollars to a person you
  don't know properly, right?
• But you don't have to worry, because it is not
  very difficult to check the credibility of the
  forex broker. There is an International
  regulatory agency all over the world that
  separates the trustworthy forex broker from the
  fake and illicit one.

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• United States
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• ?    Commodity Futures Trading Commission
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• ?    National Futures Association
•   United Kingdom
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• ?    Financial Conduct Authority
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• ?    Prudential Regulation Authority
• Australia
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• ?    Australian Securities and Investment
  Commission

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United Kingdom   ?    Financial Conduct
Authority   ?    Prudential Regulation Authority
   Switzerland   ?    Swiss Federal Banking
Commission
Australia   ?    Australian Securities and
Investment Commission
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    Germany   ?    Bundesanstalt für
Finanzdienstleistungsaufsicht        France
  ?    Autorité des Marchés Financiers
         Canada   ?     Investment
Information Regulatory Organization of Canada
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2. Broker Transaction Costs    No matter what
kind of currency you trade, there is always a
transaction cost that you have to pay.   Every
time when you entire to trade, you have to pay
either the commission or the spread. So it is
very natural you look for the cheapest and
affordable price rate. Sometimes you have to pay
more transaction cost for a reliable broker   So
if you need tight is spread, you have to make
sure and review all your available options. after
all, you have to maintain a combination of
low-security cost and reliable broker.
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3. Deposit and Withdrawal facility from the
broker   If you find a good broker there will
be no hassle to deposit your fund and when you
withdraw your earning. Broker has no other
reason to make it difficult for you to withdraw
your fund, they just want to hold it longer to
facilitate their trading   The broker holds your
money just to continue their trending, So there
is no other reason for you to spend a hard time,
good broker always makes sure that the withdrawal
process is very speedy and smooth.
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4. Trading Platform   In the online Forex
trading, most of the time trading happens by the
brokers trading platform. Which rules the
trading platform provided by the broker has to be
very user-friendly and stable   When you look at
the broker, check what kind of trading platform
it offers. Whether it offers a free news feed.
What kind of tools do they offer? Are they easy
to work with? Do they provide all kinds of the
necessary information to trade properly?
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5. Execution Office a broker   It is very
important that your broker provides you all the
necessary support at the best reasonable price
for your wader. Under the normal market, the
condition is very important that you are broker
feel you out very quickly.    For example,
suppose you have a proper internet
connection, now if you click by Euro/USD for
1.5000. You should be get filled at the price
within a microsecond.   The speed at which your
order gets filled is very important, especially
when you are scalping. A few pips difference in
price might make it much harder for you to trade
and make a profit.
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6. Customer Service of the brokers   There is
nothing like a perfect broker and you have to
pick a broker that they can easily contact when
you need. A broker is considered competent if
it provides all kinds of Technical supports to
the accounts.  It is a common acquisition that
the broker may be passionate while opening an
account, but you might have a terrible after
Sales Service from that broker.
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The broker has to be transparent. There address
or website has to be proper. They should be
regulated by government bodies.   You should
cross-check all the information. You suppose to
ask all the questions to verify. When you will
see that transparency, you can invest.     It is
a two-way deal, we want to make money, on the
other hand, they take money from all other people
to trade so that they can make a profit. So it is
a win-win situation for both of us.
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Determine the customer service they provide. Call
them, text them and see how quick they are in
responding. There is a team 24/5 dedicated to
your service.   A good range of tools is another
important thing. In a trading platform, it is
very important to have all the necessary tools.
Sometimes it so happens that we choose a broker
but after it does not fir right and sometimes we
have to change the broker. So all these are more
or less important things to verify while choosing
the right Forex broker.         
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What about the percentages?
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80
30

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03
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Our team
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Thanks!

• Does anyone have any questions?
• addyouremail_at_freepik.com
• 91 620 421 838
• yourcompany.com

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THE END