Best Forex Broker 2018
However, how do you know which broker to choose in such a big industry where scams abound? Forex Brokers for Scalping Compare Forex brokers that actively scalping. You should certainly use the demo account feature if you are a newcomer to the Forex market.
The leverage is not very high but if you are just starting to trade in this, it is even better. Is it legal in India to do forex trading with them.
Parently, they are based in UK, and having office in India. I also have live account. Their support system is poor or nil. Regarding deposit and withdrawals it is all via media agents. No assurance on legality. Your email address will not be published. Top 10 stock broker in India. So let us now enlighten you on what you should be demoing rom any Broker you do intend to sign up to and place real money trades at. Fast Payouts — You are never going to want to have to sit there waiting as soon as you have put in a request for a withdrawal from any Forex Broker you have bene trading at and winning at, and as such do make sure that nay Broker you sign up to and trade at pays you in less than 48 hours.
Avoid any Brokers who are going to keep you waiting for more than 48 hours, in act you are going to come across several Brokers who will pay you on the same day that you request as withdrawal fi you make your withdrawal via a web wallet! Licensed Brokers — Whilst there are no licensing authorities in India who license and regulate Forex Brokers you will find that there are many other countries who do have a legal framework to licensed Forex Brokers. It is therefore going to be the case that you should sign up to a Forex Broker that is licensed in places such as Cyprus, the United Kingdom and other recognised jurisdictions as you will have the added peace of mind in having the licensing authority to call upon for help if you ever need any help.
Currency Parings Options — One other aspect to you choosing just which Forex Broker to sign up to is that you will need to sign up to a Forex Broker that is not going to offer you just a small selection of currency pairings. The more trading opportunities that are available to you at any Forex Broker the better, and as such always have a good look around their website to see just what each Broker is offering you by way of currency parings, and select one with a large number of them on offer to their traders.
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