Currency online trading (Foreign Exchange) is quite popular. Here are some of the important factors that must be addressed when choosing a Forex Broker:
Popularity and company reviews
Look for reviews and opinions about Forexbroker, his manner of work, attitude towards clients, etc. Such information can be found in forums or site publications as well as by people having experience in this business. There are also a few cases in which the broker applies tricks to bigger the profits.
Opinions you hear or read can be either positive or negative. They should not surprise you but make you come to appropriate conclusions. Sometimes if a client starts to win fast, he can be placed in infavorable conditions for trade. In this case, when that client is placed on manual implementation there is a delay of execution of orders and often rekotirane. And such situation is quite possible because Forex market is the least regulated international market.Read more: THE BEST FOREX BROKER
Mandatory brokers regulators in different countries:
|Switzerland||Federal Department of Finance, ARIF, ACI Suisse|
|U.S.||CFTC или NFA|
|Asia||ASIC или AFSL|
Finally, contact information, whether client funds are insured to the company's financial collapse.