Do You Trust Your Broker ?

#1
Most at times we get told to find or only trade with reliable and brokers, How long have you been trading with your broker and do you trust them enough to invest more money in them?
 
#2
I am trading with more than one broker at the moment and I have trusted them and in return they have given enough confidence to me that if i have to invest more money with them i will surely invest it with them, but the truth is that i don't have more funds to invest with any of my broker at the moment.
 
#3
Well, don’t trust any broker blindly! You have to enquiry first about their regulation status, if they are valid then use Forex forums to know traders experience’s on this broker! Listen, Forex is an online based profession so, capital security is very important here! Market maker broker are active here and there, so be sincere on broker selection!
 

copypasteaee

Humbled by Markets
#4
:lol::lol::lol::lol::lol::lol:
 
#6
Brokers plays a very vital role in Forex Trading, but some of them are just using the traders to gain for themselves, and thus it makes very difficult to trust all of them.
 
#7
Selecting a worthy broker now a days is too difficult as scams are happening all around on internet, So better select broker who are registered legally and having a good client base, maybe one of them in your reference so you can know the quality of his service.
 

stoch

Active Member
#8
I trust my current broker Hotforex but sometimes I think I have to diversify my investments and use several brokers. But basic requirements is of course reliable license from ASIC or FCA regulators.
 
#9
I think No Dealing Desk (NDD) brokers are far better than Dealing Desk brokers for the simple reason that they are trustworthy, being on your side of the trade that's why I use Forexchief. It has fast execution, reasonable commission and spread and offer sensible leverage.
 

stoch

Active Member
#10
Well to say frankly I hold trust in the broker I use (Hotforex) but sometimes I think using several brokers is a good idea. Basic requirements are of course reliable license from ASIC or FCA regulators and good ECN network.