Choosing the best forex brokers episode 3

Posted by David Mwenda
5
Aug 12, 2011
932 Views

Episode 3 of choosing the best Forex broker ,Transaction  cost-this a cost which every trader in the market is subjected to ,when you enter a trade you have to pay for either the commission or the spread it is advisable to choose a broker  who has a cheaper and affordable rates. For a good reliable broker you will cough abit higher.

  You need to know whether  you require tight spread in your trading  and compare your available options ,but priority of security should weigh more followed by transaction costs .Remember  cheap is expensive  sometimes so be cautious  when choosing a broker.

The other factor is deposit and withdrawal   .good brokers will always allow you to deposit and withdraw your funds  freely  without some much hassle .there is no reason for a broker  to make it hard for  you get your profits .the broker is just the custodian for your funds for the sake  of facilitation  in trading. The withdrawal process should be speedy and smooth. Watch out for episode four coming soon………..

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