Trading Basics

You want a regulated broker with low spreads, low minimum lot size, outstanding execution, technical tools, and flexible leverage.

• Is your broker licensed and authorized to operate its services? If not, your money and potential trading profits are at constant risk!

• Does your broker guarantee safety of client funds? This means that your money is kept separated from the broker’s own assets, and so the broker is not allowed to use it.

• Does your broker offer tight spreads? The tighter the spreads, the better value you get.

• Does your broker provide spot on execution? It means that your trading orders are carried out without delay, at the best market price possible, without rejections or re-quotes.

• If you are a beginner, trade small lots – this means lower risk. Choose a broker that offers trading accounts with micro lots and a low minimum deposit.

• Choose a broker who provides you with all the necessary market information and analytical tools to make profitable trades.

• A good broker allows you to change the leverage if and when you want.

• Your broker should ideally offer you a great selection of trading platforms with a high number of tradable financial instruments.

• Forex is a 24-hour industry. The ideal broker is by your side with 24-hour customer support via live chat, email, and telephone in a variety of languages.

• In forex speed is vital. And this also applies to withdrawals. A professional broker guarantees 100% automatic deposits and same-day withdrawals with a variety of payment methods that meet the needs of a varied client base –without hidden fees or commissions.

• Choose a broker with a rich forex educational program, ideally free of charge trading tutorials, as well as free and regular webinars and seminars held by professionals.