There are many scam brokers. This is the reason regulation of a broker is very important. Regulation of the broker is very important aspect. Every trader should check this before choosing a broker. Payment method and timing should also be checked. Because By doing this your money will be safe with the broker. I have chosen XeroMarkets which is a regulated broker providing premium trading services. They gives very low spreads as low as 0 pips, 1:500 levarage and instant trade execution as well.