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Choosing a Brokerage Firm to Work on the Forex Market

The correct choice of forex broker – one of the determining factors of your success in stock trading. Find forex broker is not a problem, many advertising companies can be seen almost every day – in transport, in the Internet, on TV. Of course, not all reviews and promotional articles can be trusted. How to orient in a huge volume of supply?

If you want to choose a Forex broker, who will be your reliable partner and will help to achieve success on the stock exchange, do not rush to register on the first available online. Ask who is considered the best on the market, make a short list and considered in detail the characteristics of each company.

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What to consider when choosing Forex broker, and how not to make a mistake

Reliable Forex broker has a valid license to carry out brokerage services in various countries, considerable experience and reputation in the market, competitive rates. It can offer high quality and an adequate range of POS terminals, provides qualified technical support. Create a final opinion can help you professional ratings and their own experience.

Best Forex Brokers – who is he?

There is a rating, which helps determine which Forex companies should pay attention first and foremost. According to different compilers on the first places can be different forex brokers. The indicators for the ranking are:

  • experience in the market;
  • Geographical coverage of the business;
  • customer reviews;
  • the popularity of the trading platform;
  • regular publications in respected media;
  • exhibitions and awards known rating agencies.

If you take and compare the rankings compiled by various companies based on their preference, you can see that the top ten is usually constant, and the distribution of seats in it – the question of the plurality of subjective factors. It is therefore important to know who is among the top ten, and then have to experiment. It is more convenient to compare with each other brokers offering similar trading platforms – such as the popular MetaTrader 4 and MetaTrader 5.Forex brokers rating.

Choosing a reliable partner

Reading the reviews on the forums, you should consider the fact that successful traders will always praise their broker, and those who were not able to build up their trade – curse. Exchange trade – reckless and emotional process, and when choosing a broker to better focus on its credibility at the global professional community.List of Forex brokers, is quite popular in the market, is below.

FIBO Group (Fib)

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Large financial holding company established in 1998. In 2010 he was awarded the prestigious award of Middle East Online Trading Summit Awards. Trade is conducted on the platforms MetaTrader 4, MetaTrader 5, cTrader, as well as on special trading platform for futures and options Ninja Trader, QST. This broker is regularly ranked in the top Forex brokers and publishes its forecasts in the media. A third customer starts Forex trading with FIBO Group on the recommendation of other traders.

Read the rest information in the “Choosing a Brokerage Firm to Work on the Forex Market Part 2” article.

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