Hello Forum members! This thread is only for new Forex traders who actually don’t know how to pick up a good trading platform in Forex business! I may add here some suggestions for you thus you can choose your trading platform manually.
To be honest, a Forex broker plays the role as middle man that matches up buyers and sellers for Forex transaction! In Forex market, there are several types of Forex broker, but we have to choose only where we get best live trading environment as well as enough capital security.
You should consider the factors below before choosing your Forex broker:
1) Research: Before working with a particular Forex broker you have to study on various trading platforms! In addition, finally you need to select the broker where you get all of requirement that I needed. Like, leverage facility, low trading spread, no slippage, no requotes etc.
2) Demo first: In addition, if you get a suitable broker with all of your requirements, then use their demo service first, then you would get clear idea on their real activities. If you have any specific trading strategy or system, they use it in your practice account.
3) Live trading: Yeah, this is your final place! If you are satisfied on their demo trading facilities and features then go for their live trading! Definitely you have to invest your money into regulated broker only!
I know, it’s a long term process but much reliable! Never and ever select your trading platform only based on others suggestion! Happy trading!