How to find a Good Forex Broker

[budado]

By saying good broker site does it mean its only paying or its regulated broker site? If its regulated that you are looking for then I guess you need big capital to start with. Because most regulated broker sites has high minimum to invest. And regulated broker sites does not allow scalping and hedging. But if its okay for you to try semi regulated or unregulated but trusted broker site then by all means you can use it as well.

[sindarin]

Good brokers i think a broker that have a lot of trust from other traders, regulated or semi regulated that is not a big deal for some traders, in fact there are some of them that prefer brokers which have low deposit especially for newbies who want to start in forex, also forex broker that have some kind of partnership with forum that talk about forex.

[SamForexTrader]

I think you can find a good broker by every time trading with a new one and then choose from them the one which best correspond your needs. But in general a good broker for me is the one which holds deposit and especially withdrawal procedures as fast as possible.

[indieover]

Yeah if I don't experience loss of my money in my account then it is good broker specially makes fast withdrawal and support different ways of withdrawal. And allows cent account. So I think that is what we have been looking for in a broker.

[sindarin]

Loss our money means that brokers isn't good broker. if we loss our money in trading that is fine but if there are something fishy happened even we don't trade our capital then there will be big mark question in our head for the brokers that we use, especially if that broker has bad contact support.

[eddiej]

Yeah if I don't experience loss of my money in my account then it is good broker specially makes fast withdrawal and support different ways of withdrawal. And allows cent account. So I think that is what we have been looking for in a broker.

I totally agree with you there buddy. Also, a broker musn't hide anything from their clients (hidden charges, extra charges on spreads etc.) that's why I stick to my broker, profiforex. Always 0.3 pips comission for the whole deal, not hidden fees, etc. I hope people would put a lot more thought in to choosing brokers, they can make or break the trader.

[riddick09]

Well, we should have know the basics on those charges, like the charges in the payment system and if they will have commission for every withdrawal we will make. And the spreads are for sure listed first here as their offer or feature in their website. I don't see any thing to be on hidden charges but we should know those common ones.