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Which broker do you trust to invest your money ?

Discussion in 'Forex' started by kaito kid, Dec 10, 2012.

  1. kaito kid

    kaito kid Registered

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    There's a lot broker out side, with positive and negative side, before we invest our money we have to know more about the broker where we want to invest our money, share your experience with your broker and give more advice for the other trader to choose the right broker.
     
  2. kaito kid

    kaito kid Registered

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    Get a lot of information about broker performance before we trust to invest our money in forex trading, you can use forex forum to get the information and you can share your experience there to help another member to find their trusted broker.
     
  3. kaito kid

    kaito kid Registered

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    Please share more about the information your mentioned, bro. This will be very useful to the other member of this forum, so they can avoid the same worst experience from broker's promotion as yours .
     
  4. kaito kid

    kaito kid Registered

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    I think these are can help use to find the best broker to invest our money in forex trading :

    1.) Customer Service

    Most importantly, a broker's customer service must be excellent! 24/7 customer service reps available is an absolute must & you can't do without it. A quality customer service team is the first step to finding the best broker for you.

    2.) Platform

    Analyze the brokers trading platform. Are you comfortable with it? Does it have all the necessary information you need to trade? Is there a market news feed somewhere in the corner or somewhere else on the site?

    3.) Mini/Micro Accounts

    If you are a beginner, try looking for a broker which offers Mini & even micro accounts. For just a few hundred bucks you can test your trading skills, hone your market savy & learn the tricks of trading forex.

    4.) Instant Execution of Your Orders

    This is an absolute must! If execution isn't instant, as soon as you place your order, find a new broker.

    5.) Do Your Research

    Look online & check out forums for reviews of the broker you're thinking of trading with. Make sure that they have been around for a long time & that traders have had good experiences.
     
  5. kaito kid

    kaito kid Registered

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    We had a view of each of us to determine which is the best broker for trading us, the important thing is we can feel comfortable and profitable trading, without feeling that we cheated and our trading are not well developed as what our expected when we start to trade.
     
  6. kaito kid

    kaito kid Registered

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    Selection of the right broker enough to affect the results of your trading, how would you feel comfortable in trading while your withdrawal request is not processed quickly. Currently, some brokers offer many options for withdrawal and deposit, I think the safest way is to use a local bank in your country.
     
  7. Gaban

    Gaban Registered

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    You are right. That's why we have to be careful when choosing broker to trade, so we will not get scam broker. And for me, InstaForex is the best broker for my trading.
     
  8. kaito kid

    kaito kid Registered

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    Good broker gives much support to their clients to get better in their trading, in addition they provide customer service immediately respond to complaints and inquiries from their clients, it would be better if they provide customer service in a language that can be understood by their clients, not only the English language but also the language of other countries.
     
  9. Gaban

    Gaban Registered

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    Good broker always trying to make their traders are satisfied with the services provided, improving services is one of them.

    My broker always responsive to their client, they will give information about new promo, etc to their client.
     
  10. shere0901

    shere0901 Registered

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    Get a reference from a satisfied customer. Ask him or her if this broker returns calls quickly, only pushes company products like mutual funds or recommended stocks and takes time to explain the advantages of various financial plans.

    Ask the broker for additional references and check them. You want a stockbroker with plenty of happy clients. If there are none willing to go on record about this guy, it could mean that he doesn't have any clients or that he has "churned and burned" them with bad investments.

    Check the stockbroker's record with the National Association of Securities Dealers (NASD). Any stockbroker or brokerage firm registered to trade securities within the last two years will have a report available online with the BrokerCheck system. If you have any questions about what you see, call the NASD at (800) 289-9999 Monday through Friday from 8 a.m. to 8 p.m. Eastern time.

    Go over local databases for criminal records through your clerk of the court's office. That underage drinking charge, while interesting, isn't what you are looking for. See if he or she has been arrested or convicted for anything regarding financial issues, breach of trust or theft that may not have made it into the NASD database.

    Review the broker's record (and his or her firm's) in civil court through your local clerk of the courts office. Pay close attention to any cash settlements that the broker or the firm may have paid to settle disputes over account management. Check for any bankruptcies, loan defaults or other indications of corporate or personal financial mismanagement.

    http://www.forex-metal.com/affiliate/47225/1
     
  11. Gaban

    Gaban Registered

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    The good broker will always the best service for their client, include customer service who always ready to help client who are facing problem. And i also satisfied with my broker, because their customer service is very friendly and give solution for my problem quickly.
     
  12. Gaban

    Gaban Registered

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    I have get all of the criterias which you have mentioned in InstaForex. And i also can get free capital for trading with my broker by posting in forum which sponsored by instaforex. I can get bonus for my posting, and it will be credited in my account, so i can use it for trading. Does your broker give it?
     
  13. lollabun

    lollabun Registered

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    I also felt the same. I like my broker. especially concerned with the speed of execution and low spread of the pair.
     
  14. Gaban

    Gaban Registered

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    And instaforex, the broker I am using now is very concerned with the trader traders have minimal capital like me.. :D
     
  15. usok

    usok Registered

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    there is always a risk, there is no such thing as a 100% assurance, but some of us are luckier than others thats about it :)
     
  16. lollabun

    lollabun Registered

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    every job there are risks, including forex. when discipline and strong in upholding principles, forex would be a fun job.
     
  17. Gaban

    Gaban Registered

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    Forex is high risk business, but it can give us high return too if we can trade well with trusted broker.
     
  18. lollabun

    lollabun Registered

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    All the businesses there are risks and comparable to the results obtained. when the risk is greater then the results obtained are also great. All the businesses Then to secure the gains we choose a broker with a good reputation
     
  19. Gaban

    Gaban Registered

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    Yeah, and forex is a great business with high risk and high return. If we wanna get high return, we have to minimize the risk. And it's true what you said. We have to choose broker with a good reputation and give us comfortable service.
     
  20. Gaban

    Gaban Registered

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    InstaForex is the best broker for me. Because i can start trading without having deposit, their customer support are friendly. I often got a call by their customers support. They asks whether there is a problem during trading in InstaForex, and it makes me more comfortable with this broker.
     
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