Most important thing in a broker that you look for

Most important thing you look for in a broker

  • Leverage

  • Spreads

  • Customer Service

  • ECN over a market maker

  • Regulation


Results are only viewable after voting.

DavidLin1986

Newbie
3 0
Hello everyone,

Hope all is well in your trading when you read this thread, I wanted to know what people look for when in search for a broker to trade with. If possible can you list your key requirements from 1-5 in the list bellow and maybe even a broker you use:

Leverage
Spreads
Customer service
ECN/Market maker
Regulation

I would really appreciate everyone's input here especially from experienced traders.

Thanks

David

(the worlds most mediocre FX trader 🤣)
 

bhagesh.nair

Junior member
16 1
For me, the most important would be the regulation and the customer service.
And of course a True STP/ECN broker.
Spreads and leverages can be negotiated depending on the funding and the account type with the broker.
 

hatemypips

Well-known member
399 25
I believe its regulation spreads and the number of trading instruments. The more is the better because every instrument is unique and presents a trading opportunity. But lets not forget about security and proper regulation can ensure that your broker won't disappear suddenly in the future. And if it disappears there will be dire consequence for it.
 

NVP

Legendary member
36,506 1,833
not really priority above ......but regulations sure in a EU or UK major country - not a micky mouse one like Cyprus ....I look for market size and tenure .......and the fact they are hopefully still solvent when i want to pay myself some winnings ......

stick to that and dont worry about the rest
 

NVP

Legendary member
36,506 1,833
Hello everyone,

I would really appreciate everyone's input here especially from experienced traders.

Thanks

David

(the worlds most mediocre FX trader 🤣)

come come David...........theres some stiff competition out there believe me for that title hahahaha

seriously i love that you are humble .........thats a great trait for a trader ......always be humble and an eternal student......yuo never stop learning in this game .........N
 

aa9

Junior member
18 0
Regulation is the last thing I look for, so many restrictions. There are so many offshore brokers offering good services like coinexx, fxcm, turnkey forex, tradersway etc. My priority list goes something like this:

ECN
Spreads
Customer service
Leverage
Regulation
 

Reyor

Newbie
1 0
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