HomeHome SearchSearch MenuMenu Our productsOur products

Here's how to choose a forex broker who's right for you in three easy steps

by , 22 April 2014

Need to get your foot in the door in trading forex? A broker is your best bet if you're new to forex trading! He'll take you through all you need to know to gain your ground. But do you know what to look for in a broker? Today, we reveal three things you need to look for when choosing a broker…
If you can spare 10 minutes over the next month you could make gains of 38%, 43.48% or 55%...
All in less than a day!
BUT this opportunity is strictly limited to 113 people.
Here’s how you can get your name down!
Why you need a broker if you’re new to trading forex 
Finding a good broker is half the battle won, says FSP forex expert Timon Rossolimos. And he won’t let you lose more money than you’ve deposited in your trading account. 
Plus, having a broker allows you to be more of an investor than a trader because you not only have someone to trade for you, but also access to market reports and analyses. 
But, you can’t pick any name that comes up when you’re looking for a broker.

 Keep these things in mind when choosing your own forex broker:
1. Make sure your broker is registered before you trade forex
A broker in South Africa has to register with the Financial Services Board. You can verify your broker’s registration number on the FSB website
For your safety and peace of mind, you should also check whether your broker is registered elsewhere in the world, says Forex Trading South Africa
The World's Best-Kept Commodity Secrets revealed...
  • A way to make double-digit gains from ‘Star Wars’ technology
  • How to cash in when the lights go out in Johannesburg – for good
  • And how to make potential millions from this one re-bound precious metal!
Click here to find out how to get rich from the world's rare resources!
2. A good broker is always available for you when trading forex
A good broker won’t keep you hanging when you need him the most. His support is available whenever you need it, says forex-partner.biz
With so many brokers out there available at the click of a mouse, use trader reviews on the Internet to judge the worth of your broker. 
3. Look for a broker who matches your needs in forex trading
If you’re starting out small in your forex trading, look for a broker who manages a micro account and offers lots of support, as well as tight security, says tradeforexsa.co.za. A good broker should match your needs as a trader. 
Trading forex for the first time can be overwhelming, but it doesn’t have to be! Follow these tips to make your experience in trading forex so much more rewarding and enjoyable! 

Here's how to choose a forex broker who's right for you in three easy steps
Rate this article    
Note: 5 of 1 vote

Related articles

Related articles

Trending Topics