Is your Forex Brokers is best? - PowerPoint PPT Presentation

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Is your Forex Brokers is best?

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What you should consider before judging your Forex brokers, check it out for more details – PowerPoint PPT presentation

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Title: Is your Forex Brokers is best?


1
Is your Forex Brokers is best?
  • Flow of Presentation
  • Regulated Forex brokers
  • Security of your funds
  • Trading Platform
  • Currency Pair Spreads
  • Do they allow Scalping
  • Slippage Policy
  • The presentation is brought by
    www.readyforex.com/Forex-Brokers.php

2
Regulated Forex brokers
  • Always ask Forex brokers registration and license
    number.
  • If a Forex broker is not registered with a
    regulatory body then one should avoid it.
  • The registration country of the broker as many
    countries doesn't have the privilege of trading
    in all currencies which will limit exposure to
    trade in limited currencies.
  • By law, Forex brokers running their businesses in
    United Kingdom have to be registered with
    Financial Conduct Authority (FCA).

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
3
Security of your funds
  • You need a Segregated Forex Account.
  • Suppose you open a live Forex trading account and
    your Forex brokers files a bankruptcy after few
    days. Now who is going to pay back your Forex
    trading account money.
  • Likewise, a Forex broker also have to pass many
    verification taken care by regulatory
    authorities, so a good selection of broker with
    high grades is definitely going to secure your
    funds.

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
4
Trading Platform
  • Do the Forex trading platform is easy to use?
  • There are many Forex brokers who provides such a
    complex trading platform that user have to do a
    PHD to learn trading facility.
  • Also, some Forex brokers deliberately freeze
    their trading terminal when some financial news
    is going to arrive or hit market.

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
5
Do they allow Scalping
  • Most of the Forex broker discourage Scalping and
    does not allow it.
  • When you do a scalping you usually open and close
    a trade in 2,3 to 5 pips profit or loss.
  • However most Forex brokers do not want you to
    trade this way.

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
6
Currency Pair Spreads
  • Do your selected Forex broker offer fixed spread
    or variable spread?
  • How it affect your pocket when increase in
    variable spread arises.
  • A brokerage sales staff tries assure their spooky
    spread policies via email which you must not
    consider.

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
7
Slippage Policy
  • Most Forex broker set the maximum losing
    slippage (i.e. slippages that is unfavourable to
    customer and favourable to Forex brokers) at a
    much wider range of pips that the maximum profit
    slippage. As a result customer is most likely to
    have an order filled when the market move is
    unfavourable to it than when the market is
    favourable to customer.

The presentation is brought by
www.readyforex.com/Forex-Brokers.php
8
Contact Us
  • Learn more with educational videos related to
    Forex brokers, Spot Forex trading, Trading
    courses, Forex market analysis video on a monthly
    basis Visit at www.readyforex.com/Forex-Brokers
    .php
  • The presentation is brought by
    www.readyforex.com/Forex-Brokers.php
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