You could be unsatisfied with your present broker, or be a new trader. Looking for the best forex broker is not easy. You want them to provide a good service, and let you focus on trading.
One component needed for success is a broker that shows an interest in your continued development as a successful trader. The firm should provide you with tools you need to compete with institutional traders.
Knowing just how many brokers there are at this time is difficult. One guide lists 181. Comparing them takes time. We are going to look at AskOBid here, as a case study.
Our first step is to do Internet searches. Various sites have reviews. Some popular search results rate AskOBid at or near the top of their list. As we go down the search results we start to find reviews that don't even mention the firm in the top online brokers lists. It could be that there is bias or conflict of interest involved. Some reviews seem not to be authentic, or are promoting certain brokers.
AskOBid is referred to as a new broker that has established a name in the industry due to their high reliability quotient. Much searching reveals that they have been in operation since 2010. Located in Cyprus they are regulated in Cyprus as well as Europe and Australia.
After digesting the information found in the reviews and trader comments, it is time to look at the website. They present a polished professional image there. The site is fabulous, but with some parts that have some English grammatical errors or gaps. This could be explainable with a new, fast moving firm. Everything you could be looking for seems to be easy to find and is presented in a to the point, straight forward way.
Looking at the important features, we see two different trading platform are available. They have their own proprietary platform, featuring three different viewing sections for varying levels of trader experience. The popular Metatrader 4 platform is also offered. A 21 day demo account is available. They use real time trading.
The AskOBid Academy and webinars are highly touted, and they seem motivated to help the trader be successful. They are traders themselves and their alerts and signals are about positions they take with their own money using action patterns institutional traders use. These are delivered directly to your platform, 24 hours a day.
The 24 hour phone support centers found in 20 countries are well received. Three types of accounts are offered. A minimum 100 USD deposit is all that is needed to open the account. Generous rewards are offered for first deposits. The spread is 3 pips. There are 30 options for secure payment, credit card included. There were some complaints found about withdrawal delays. They were explained as caused by the Cyprus financial industry being highly regulated, and high security standards.
Whether this is the best forex broker depends on the trader and his individual preferences. They do have some strong points. After gathering all the information you can, dry the demos and make your own decision.
One component needed for success is a broker that shows an interest in your continued development as a successful trader. The firm should provide you with tools you need to compete with institutional traders.
Knowing just how many brokers there are at this time is difficult. One guide lists 181. Comparing them takes time. We are going to look at AskOBid here, as a case study.
Our first step is to do Internet searches. Various sites have reviews. Some popular search results rate AskOBid at or near the top of their list. As we go down the search results we start to find reviews that don't even mention the firm in the top online brokers lists. It could be that there is bias or conflict of interest involved. Some reviews seem not to be authentic, or are promoting certain brokers.
AskOBid is referred to as a new broker that has established a name in the industry due to their high reliability quotient. Much searching reveals that they have been in operation since 2010. Located in Cyprus they are regulated in Cyprus as well as Europe and Australia.
After digesting the information found in the reviews and trader comments, it is time to look at the website. They present a polished professional image there. The site is fabulous, but with some parts that have some English grammatical errors or gaps. This could be explainable with a new, fast moving firm. Everything you could be looking for seems to be easy to find and is presented in a to the point, straight forward way.
Looking at the important features, we see two different trading platform are available. They have their own proprietary platform, featuring three different viewing sections for varying levels of trader experience. The popular Metatrader 4 platform is also offered. A 21 day demo account is available. They use real time trading.
The AskOBid Academy and webinars are highly touted, and they seem motivated to help the trader be successful. They are traders themselves and their alerts and signals are about positions they take with their own money using action patterns institutional traders use. These are delivered directly to your platform, 24 hours a day.
The 24 hour phone support centers found in 20 countries are well received. Three types of accounts are offered. A minimum 100 USD deposit is all that is needed to open the account. Generous rewards are offered for first deposits. The spread is 3 pips. There are 30 options for secure payment, credit card included. There were some complaints found about withdrawal delays. They were explained as caused by the Cyprus financial industry being highly regulated, and high security standards.
Whether this is the best forex broker depends on the trader and his individual preferences. They do have some strong points. After gathering all the information you can, dry the demos and make your own decision.
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We know the best forex broker that you might like. We also know a lot of the forex trading system and we would like to share that with you right today all.
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