Many new traders when choosing a broker is lost in the huge list dillingovyh centers and can not choose for themselves the right broker with whom you can work without problems, without detracting from the trading in financial markets.
How - is to choose the right broker? On that first note?
Below are the criteria on which, above all, pay attention to when choosing a broker.
1) Reliability. This criterion includes such parameters as the availability of licenses for brokerage activities, while working on the brokerage market, the presence of positive feedback from customers that can be read on a variety of independent forums. Also, a trader needs to know what a market maker broker takes the money on the international currency market Forex. This should be a serious organization with an excellent reputation.
2) Legal clarity. Every company is seriously engaged in brokerage services must be a legal contract, which must be specified all the details of the trader. It should be clearly spelled out the rules for resolving disputes, the rights and obligations of the parties, the rules of the broker and the client. This agreement can often help to resolve many disputes trader and broker in working order, without going to court. In addition - as the presence of publicly available evidence of such a document open and honest the company's work with clients.
3) insurance funds. In major companies, have long engaged in brokerage services, customer must be insured by an insurance company. If your funds in the account are insured by the brokerage company - you get them in any way, that - no matter what happens with the broker.
4) Terms and conditions. This item includes such parameters as the magnitude necessary to spread trader pairs, the size of the shoulder, the minimum deposit. Broker who offers the most competitive trading conditions being equal parameters will always be a favorite among traders.
5) Competent staff. Do not hesitate to call your future broker and ask any questions you have. Dialogue with employees broker will assess literacy personnel broker - if you do not get a clear answer to your question - better with the broker does not work.
6) Rules and opening an account with a broker. Advance is to know whether the broker receives the electronic money demands - whether a copy of a passport when opening accounts or other documents necessary - if signing documents with his own, or rather open an account online broker. This knowledge will allow you to protect yourself from surprises in working with a broker in advance and plan their work and opening an account with a broker.
This is perhaps the main points, which you should look for when choosing a broker. It is best to choose a broker to make his short list with the given parameters and like a broker for these parameters, such as a five-point system. Thus, you get an independent rating of your broker, which you can choose the best one for you dealing center.
If you do not want to spend time to evaluate multiple brokers according to this method, we can recommend you a broker NordFX, who was unanimously selected the team website as the best broker in today's money to trade the Forex market.
