“Secrets of The Best Forex Broker Revealed”
Read this special report before you consider
opening a forex trading account or changing your current forex broker
Many forex traders and ForexSignals247’s members have asked us to recommend the best forex broker to trade and protect their money
Because choosing a wrong forex broker, you will Lose All Your Money and Your Time. As reported recently by many financial sources world wide about the withdrawal issues at several forex brokers.
Important Factors For Choosing A Good Broker
When you open a forex trading account, the first thought must be the safety of your capital.
A good forex broker will have Segregated Client Accounts in international and famous banks, which means your capital will be deposited in separated bank accounts from your broker’s account.
If your forex broker runs out of money or goes bankrupt, they cannot get your capital
The Reliability of Your Forex Broker
Your forex broker should has license and be regulated by one of the following
Australian Securities and Investments Commission (ASIC),
Financial Conduct Authority (FCA) in the U.K
Commodity Futures Trading Commission (CFTC) & the National Futures Association (NFA) in U.S
The Securities and Exchange Commission (SEC) in the U.S .
These governmental financial agencies will define rules to bring reliability and protect you if there is any issues. Always open your live forex trading account with a broker regulated in A.U, U.K, U.S
Order Execution and Processing
Knowing where and how your trading orders are processed as well as executed is another important factor, a good broker will have your trading orders
processed in New York or London
and send them to inter-banks market for execution.
Warning: some bucket shops (fraud forex brokers) will keep your orders in their book elsewhere for their benefits because your losses will be their profits.
Forex Spread, Commission, and Bonus
A good forex broker will give your a very low spread and/or charge you a low commission, this can contribute to your trading profit thousands of dollars per year.
One of the worst mistake new forex traders make is that they selects a forex broker to trade based on account opening bonus so that you do not consider other factors. Do not let yourself be a victim of forex trading bonus because these bad forex brokers will charge your high forex spread and commission for years
When you open your forex account with a broker meeting the above 4 factors. Your money will be safe and you will be assured of honesty in the execution of your orders, and reliability in either way
Here are the link to the 3 best forex brokers we do recommend