Q&A: How To Find Good Forex Broker?
Question by Fin Pur: How To Find Good Forex Broker?
I am new in forex trading business. I would like to know if somebody has they experience with good broker? Please advice.
Best answer:
Answer by Common Sense
There is no “good” Forex Broker. There are only brokers that are less bad then the others.
Check this one out;
http://www.gftforex.com/
Hopefully you know;
It is not as easy as it looks.
Paper trading results are not anywhere near what your real results will be.
95% of those that try Forex Trading fail. Many lose their entire accounts.
It can take on average 3-5 years to become consistently profitable.
Know better? Leave your own answer in the comments!
My definition of good broker is;
Quick response from the Customer Service people.
We can contact them almost instantly each working day.
They are ECN.
They charge small trading fee.
They offer great programs
They are regulated by as many regulation body as they can get.
But you can always find reviews of brokers at forex peace army
if you need info forex visit
http://forex-profit.co.cc/search/forex+demo+contest
Forex brokers certainly have their own standards. If you will to find a good broker, am pretty sure you can’t since all of them have self interest. But just like politics, there are those who are less evil. From there you can have them. try to read reviews on the brokers and platforms here.