Hi Experts,
I am planning to open a forex account & looking for some inputs from you all experienced traders on this. Here are the things I am looking forward in my broker -
1) Should be ECN/STP & no dealing desk broker
2) Should be regulated
3) The minimum amount to open an account should not exceed $500
4) Should provide the lowest spread ( EUDUSD less than 1). Better fixed with some commission ( less than $6 for 100k transaction)
5) Should have an option to transfer & withdraw money via Paypal (Preferred but not mandatory)
6) Should give you instant execution and no re-rates. Terminal should not hang at important times
7) Last but not least, good customer service
Thanks in advance
Regards
Abhinav
I am planning to open a forex account & looking for some inputs from you all experienced traders on this. Here are the things I am looking forward in my broker -
1) Should be ECN/STP & no dealing desk broker
2) Should be regulated
3) The minimum amount to open an account should not exceed $500
4) Should provide the lowest spread ( EUDUSD less than 1). Better fixed with some commission ( less than $6 for 100k transaction)
5) Should have an option to transfer & withdraw money via Paypal (Preferred but not mandatory)
6) Should give you instant execution and no re-rates. Terminal should not hang at important times
7) Last but not least, good customer service
Thanks in advance
Regards
Abhinav