Hello, my dear beginner trader and reader, Daniel Ohuegbe, here.
I am the author and creator of CashForex trading systems, and I welcome you to my financial market broker guide.
Thank you, for your interest in my recent financial market broker review and analysis.
So, today I will talk to you about one of my world’s best financial market brokers and how you can choose them out of so many out there as a financial market trader.
I will start by telling you who a broker is.
A broker is someone (or a company) who works on your behalf to handle any type of financial exchange.
A financial market broker is someone (or a company) who helps people wanting to trade in the financial market.
He brokers (or acts as the go-between for) the deal.
He trades in the currency market for the trader, acting on the trader’s instructions.
Many beginner traders assume they can just hand over money and the broker will make all the decisions, leaving them out of the picture except when it’s time to collect their profit.
They assume that finding a financial market broker will eliminate their need to make choices and, therefore, their risk of making a mistake.
A broker can make suggestions, but the ultimate move is in the trader’s hands.
You have to tell your money where to go in order for it to work for you.
With untold numbers of financial market brokers available, how do you choose which financial market broker you should work with?
Choosing a financial market broker shouldn’t be done the same way you choose a plumber out of the phone book.
You want to make a wise choice since you’re trusting your financial investment to the financial market broker’s hands.
If he’s not capable of handling the financial market wisely, or worse, if he’s capable but not on the up and up, you stand to lose everything you invest.
You want a financial market broker with experience, one who will help you make the best possible moves in the currency market.
Make a list of financial market brokers and check each one’s status with the Commodity Futures Trading Commission (CFTC).
Find out how the financial market broker makes his or her money from you.
Does the financial market broker charge you a commission?
Or does the financial market broker charge you fees instead?
Check with your friends who use the services of a financial market broker.
Who do they recommend you work with?
Is there a financial market broker they know of that you should avoid?
Even though you trust your friends to have your best interest at heart, you don’t know if the financial market broker has a solid track record.
Check out what the financial market broker has done in the past.
What are his profit/loss records like?
Speak with him on the phone; spend a little time getting to know him.
If the financial market broker doesn’t have time to spend talking to you to give you personalized service, then he doesn’t have time for your money.
How To Choose A Financial Market Broker As A Financial Market Trader
Below are my current 5 financial market broker checklist strategies that will help you compare and choose your preferred financial market broker.
I suggest keeping the following 5 checklists in mind when making your decision:
1. Is The Financial Market Regulated? Here you need a financial market broker who is regulated in the financial market business with the regulatory body.
2. Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability.
Competitive spreads and easy deposits/withdrawals are good indicators too.
3. The Number Of Currency Pairs Offered: The variety and quantity of currency pairs on offer should be considered (the more of both, the better).
4. Availability Of Customer Service: This is a very major key to consider as a trader.
5. Quality Of The Trading Platform: Look for a platform that is easy to use, straightforward, and offers a collection of technical and analytical tools to enhance your trading experience.
SO WHO DO I RECOMMEND YOU TRADE WITH?
This might be your honest next question, even though there are so many financial market brokers out there like I stated initially, but that notwithstanding, I can only tell you the financial market broker that I deposited my money with, one that I currently trade with.
But in all, always remember my above 5 checklists of financial market brokers whenever you’re in search of one to start trading with.
INTRODUCING MY BEST FOREX BROKER TODAY
My recommended financial market broker is based on reputation, regulation, and 1:500 leverage (sign up here).
Sign up with my recommended financial market broker based on my personal experience and opinion, try to consult with their specialist, and find out how you can choose the most suitable trading conditions today.
This is the only regulated financial market broker with which I trade my hard-earned money as an active trader.
I hope this helps clear any of your remaining financial market broker search confusion today.
Congratulations, as you plan to join my recommended best financial market broker today.
P.S.: If you have any questions regarding this post, kindly go ahead and comment in the comment section below or share this post with your financial market trader friends using the share button on this post page. Thank you!
I want to see you succeed in life and your trading career.
Talk to you soon,
Daniel Ohuegbe,
14-Day Career Freedom Opportunity Founder And CashForex Trading System Creator!
14-Day Financial Market Success Mentor!
Dedicated to Redeeming Your Career And Financial Freedom!