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Thread: Things to consider when your choosing a platform

  1. #1
    Junior Member
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    Things to consider when your choosing a platform

    There are so many platforms online nowadays, that is too difficult to choose the best between them.. What are the criteria you set in order to choose a trading platform?

    Now that I am a newbie I search for platforms which have demo account available when you register. This way I am able to practice on trading and improve my skill on it. I am also trying to choose platforms that are giving daily currency charts, so that I will know the process of each currency.

    I like to read reviews about platforms from people who use it now or used them in the past. Users of platforms will not lie, they will tell the pros and the cons of a platform.

    How do you choose the ideal platform for you? Do you try them one by one or choosing according to your strategy?

  2. #2
    Senior Member
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    I am considering seriousity, security and support before I select a platform.

  3. #3
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    I thinks the spreads are crucial as well as the ability to deposit and a withdraw money with ease. Also having MT4 is a massive plus.

  4. #4
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    Customer support is a very important factor is true CAndi25, it's a helpful feature.
    Withdraw flexibility should be something to consider, you are right philbo.
    Thank you both for sharing your tips, looking forward to read more.

  5. #5
    I always read the terms of use, how long they are online and am looking for information about their customers and its reliability

  6. #6
    profitability, registration and reliability!!

    these are the 3 key factors that i used when i decided on following signals on zulutrade.

  7. #7
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    Another point what is to consider is the kind of offered accounts. For instance the broker need to offer micro lot account for beginners in forex.

  8. #8
    Quote Originally Posted by CAndi25 View Post
    Another point what is to consider is the kind of offered accounts. For instance the broker need to offer micro lot account for beginners in forex.
    i this goes without saying!
    i mean otherwise we are talking large accounts and this usually implies ECN or institutional brokers....not that all brokers have not concentrated on covering all the market niches...anyhow which one are you with? how are you trading forex,exactly?

  9. #9
    Junior Member
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    You need reliability and support. A great place to start is with the MT4, it's probably the most well known and used platform

  10. #10
    Quote Originally Posted by Daniel74 View Post
    You need reliability and support. A great place to start is with the MT4, it's probably the most well known and used platform
    thats true!!! but should you not being able to trade yourself go for zulutrade, where you get to copy those professional MT4 trades for free and gain as much as you have allocated from your initial or rising equity !

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