Title: Is your Forex Brokers is best?
1Is 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
2Regulated 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
3Security 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
4Trading 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
5Do 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
6Currency 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
8Contact 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