Author Topic: Expert opinion on choosing a reliable broker that meets your goals  (Read 407 times)

Offline Cermit

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The vast number of strategies, trends, and concepts in the Forex market often makes me think that it's not just about choosing the best broker, but one that aligns with the trader's goals. It turns out that the broker selection process is important and complicated for this reason. On one hand, checking licenses is easy, but understanding your goals and what type of trader you are is much more complex.

Offline Whysocky123

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Re: Expert opinion on choosing a reliable broker that meets your goals
« Reply #1 on: October 16, 2024, 12:53:41 am »
Quote from: Paul Dis Guise
Probably, this can be understood simply by starting small. Trade by selecting just a reliable broker, and in the process, understand what you need to change, what else you require, and so on. Well, that’s my logic. Perhaps, everything works differently.

I adhere to this tactic, and so far, everything is going quite well. Overall, I understand the importance of continuous learning and seeking new information. For now, I am delving into scalping, and there is also a range of brokers that work best with scalping https://techimaging.co.uk/which-forex-broker-is-best-for-scalping-best-choices/. Felix Pembroke primarily looks at brokers with low spreads and fast order execution speeds. And as I understand it, that is what characterizes scalping.