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 makers tend not to charge fees, but these are tricky broker 
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Post makers tend not to charge fees, but these are tricky broker
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Some of these aspects are:


* minimum account size
* payment methods
* commissions
* slippage
* spread
* leverage (margin call)
* regulation
* rating
* customer support
* contact details
* platform


Minimum account size is a tricky one. You should choose an intermediate minimum account size. There are forex brokers which have a minimum account size of 5.000 usd, and I know that’s not affordable for most of us, not to say that we might not want to deposit such a high amount. However, be careful when you read “start trading forex with as little as $1?, since this can be quite misleading (due to the leverage and margin call…the smaller your account size, the fastest you will reach the margin call in case you’re losing, and all your positions will be closed, leaving you with losses, and not able to trade again due to margin level). Your account should be the bigger you can afford, for you to trade with some flexibility.


Payment methods should also be flexible, either to deposit and to withdraw funds. You should have several options, just in case one goes wrong (for example, some brokers let you use check, wire, paypal, credit card, and even more!).


Commission are a bit difficult to talk about. Some brokers charge commissions and some don’t. At first it would seem better to choose a broker that doesn’t charge commissions; however, ECN brokers (recommended) usually charge commissions. Market makers tend not to charge fees, but these are tricky brokers.


You should choose a broker that does not have slippage. Generally, all ECN (Electronic Communication Network) type brokers offer better prices. Their computer will fetch you the most favorable price right from the open market. Slippage is also known as re-quoting, and it happens when there’s a difference between the price at which you chose to buysell and the price at which the order is actually executed. Generally there’s a very little difference, but you should test platforms and make sure there’s no big difference. Some brokers let you know that the price at which you selected to execute an order is no longer available, and gives you the option to cancel.


The spread is also important. Be careful however with brokers that promise very low spreads, since there might be other conditions to look at. Generally spreads are much lower in more liquid pairs, like EURUSD. You should choose a broker that offers no . Cheap Jerseys From China Cheap Jerseys Cheap Jerseys China Cheap NBA Jerseys Cheap Jerseys China Free Shipping Cheap Authentic Jerseys Cheap Jerseys China Free Shipping Wholesale T-shirts China Wholesale Hats China Cheap Nike NBA Hats


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