Which Broker to Choose in Forex

Author: Alexandre Cayer

Author: Alexandre Cayer

Another big choice you need to make before begin in the Forex Market is to choose the broker you want. When you choose a broker, you need to check on different things. You need to check if the chart they give to you is in real time or no. You need to check too if the broker authorize the use of robot or autopilot Forex system. Another important thing to check is with your deposit, how much money they give you to invest. It may be different from each of those brokers. I'm going to try to give you a little description of some good brokers. - AvaFX AvaFX is a good broker. It gives you 200 times the money you invest, so the leverage is 200:1. They don't take any commission, have live chart and even have the recent news about each currency. A very nice place to start. - Dukascopy One of the top rated Forex brokers at moment. I personally never used it, but if you got some experience with it, I would be glad to hear them from you! They got live chart and give more money than the deposit too. - Oanda I think this one is the most realistic one. The char as well are in real time, but Oanda offer a maximum leverage of 50:1. They explain us that are because they think 100 or even 200 is far too risky. I already used them and would gladly recommend it. Now that we mentioned those 3 brokers, what do you think we need to verify next? Yes that's it, do autopilot Forex system work with those? Yes. An autopilot Forex system who executes the trade for you all the day long, even if you aren't there. I would strongly suggest this method over the manual one. Manuel Forex trading is by far more risky than with software. With this software, you can set it simply and let it do his job. I tried it on 2 of those brokers: AvaFX and Oanda. On both, it worked like a charm. I preferred AvaFX, because of the high leverage, but if you want to start with a serious broker, go with Oanda. On those 3 brokers, the one who gave me the best support is AvaFX and that why I stick with them. Now, with all the things you learned from those brokers, the things to remember are: Check the leverage, check the real time chart and finally check that they give a good support. If you try to withdraw your money and are with a company you don't care to be slow, you going to say to yourself that you did a bad choice about your broker. If you stick with those 3, I am sure that you will definitely make profit and be able to live a beautiful life. Be aware that some brokers are only scammers who want you to deposit money on their website. That why i would recommend you to stick with those three I mentioned you. About the Author:

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