Check list:
- Check the brokers regulation license - it will be clearly mentioned
- ECN brokers will offer leverage like 1:100 or 1:200 not insane 1:500/1:1000
- They wont offer any bonus.
- Like the above user said , yes there will be slippage.
-They wont offer fixed spread .
- If all above is there, while choosing a broker see ,they are listed in any stock exchange, check reviews, check their customer support. Thats it.
Not all big forex broker are good for retailer, they just internalize the order from retail clients , so choose a ECN with above qualities.
- Check the brokers regulation license - it will be clearly mentioned
- ECN brokers will offer leverage like 1:100 or 1:200 not insane 1:500/1:1000
- They wont offer any bonus.
- Like the above user said , yes there will be slippage.
-They wont offer fixed spread .
- If all above is there, while choosing a broker see ,they are listed in any stock exchange, check reviews, check their customer support. Thats it.
Not all big forex broker are good for retailer, they just internalize the order from retail clients , so choose a ECN with above qualities.