which Broker needed ?

[Shallilack]

I suppose that you always have to choose only reliable and responsive brokers, otherwise you will fail in trading activity. One can statet hat brokers don't matter in trading activity at all, while I claim that a good broker is almost a 50% of success in your trading activity. In my opinion, traders often state like that because of lack of experience and knowledge. No doubts, that there are some other reasons which affect your successfulness much more than a broker, however broker actually is for your mood and positive attitude, but not for making money. You make money by yourself, you have to remember this.

 

[Oscar Shumack]

I always suggest traders to go for ECN brokers because these types of brokers are secure and technologically-advanced for trading.

 

[SaadBinToha]

Choose your broker very carefully so you never be deceived. In forex, there are a number of scam brokers.

 

[Alexander Hudson]

Be particular here is difficult. But you should go for an ECN broker that allows traders with advanced technology and high security of funding.

 

[Oscar Shumack]

There are several brokers available on the market that allow traders with big amount of deposit bonus that enlarge your trading capital.

 

[Oscar Shumack]

Over trading, trading based on wild guesses, not using risk management policy, nor controlling emotion in trading are some common mistakes done by traders.

 

[SaadBinToha]

Broker selection is the toughest job for a trader because the market is saturated with several types of brokers including ECN, STP and Market maker.

 

[Nayek Pichai]

The market is saturated with three types of brokers including ECN, STP and Market maker. I prefer ECN trading brokers the most.

 

[Olivia]

My straightcut answer is that a secure broker is needed because fund safety is the cardinal factor to consider.

 

[Aaron_0]

As the market is saturated with a number of trading brokers, traders get confused about which broker to select. However, consider regulation and service quality of a broker before selecting it.

 

[Anele]

Which broker you should select depends on what services you need actually. For example, I like to trade crypto and that’s why I selected such a broker that allows crypto trading.

 

[Ethan]

Actually using stop loss we can manage risk limit strictly, here we focus on determining stop loss then use pending orders to make entries, with this way we can manage the risk as small as possible, however, there are disadvantage, not always pending orders will hit.