One of the most important things to do before you start your forex trading journey is choosing a Forex broker to trade with. But this can be a daunting task, especially when there are so many different platforms to choose from.
Fret not, here's a guide that we have put together so that you know how to make the right choice!
Here are 5 points you should look out for when choosing a Forex broker:
Trustworthiness
While this might be obvious, there are actually many trading brokers that are not secure. This is why it is important to choose a broker that operates within a regulatory framework, like Forex4you. A trusted broker of 14 years with over 2 million trading accounts, Forex4you keeps our clients funds secureby placing them with top-tier banks for proper segregation of client funds.
Transparency
A good broker will share its operational data with everyone, just like how Forex4you displays its performance statistics on www.forex4you.com. We also have a proven track record and are successfully audited every year by a Big Four Accounting Firm. So remember to choose a broker that displays their fees or follows industry guidelines as every cent that you earn is important.
Customer-focused
Imagine if you encountered a problem and faced difficulty in having it resolved. Or worse, the customer service officer who is serving you does not speak your language well enough. At Forex4you, our Malaysian customers have access to 15/5 support via a toll-free number, live chat, or email – all available in multiple languages!
Easy and Reliable Trading Platform
Starting your Forex-trading journey can be confusing if you are new to Forex. This is why a reliable trading platform with all the trading tools that you need is important for easy trading. Look out for the key factors of execution and stability.
Speed is everything when it comes to forex trading as it affects how fast your trading decisions can be carried out. When you click on “BUY” or “SELL”, a difference of a few seconds can determine a profit or loss on a trade. Look for a broker that offers near-instant trade execution speeds, such as Forex4you. Whats more, our instant withdrawal times mean that you will not need to wait to access the money in your trading account.
Forex4you also uses our very own liquidity aggregator and order execution software – MarketPlace – for greater stability. This allows for faster, more stable, and more secure order executions.
Superior trading conditions
Everyone knows that to maximize profits, you must keep your trading costs low. So look for a broker that offers tight spreads and high leverage so that you can choose the risk level that you are the most comfortable with.
With competitive spreads from 0.1 pip, and high leverage of 1:2000, Forex4you can keep your trading costs low. We also offer a 100% deposit bonus for traders and different trading accounts for all levels of trading experience – from beginners to advanced traders. We also have commission-free and commission-based trading accounts with a smaller or larger spread.
So wait no more! Sign up for an account with Forex4youand begin your trading journey with a trusted and regulated broker with superior trading conditions today!
Forex Trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure.
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