By vetij80788 February 8, 2022 - 1:08pm

The main criteria for choosing a broker

Without fail, when choosing a forex broker, you need to consider:

Range of trading instruments. Many traders benefit from trading stocks, metals, cryptocurrencies, commodities, indices and ETFs;

Types of trading accounts. The broker is obliged to provide several types of accounts, depending on the characteristics of the trade of a particular trader;

Spreads. The smallest spread is the dream of every user. But you need to remember that a reduced spread may be a marketing ploy and traders will not always be able to take advantage of low spreads;

Leverage. This mechanism is often used in the Forex market. You should always be sure to use leverage;

Choose licensed brokers that will suit your trading strategy. For example, for Investing in Cryptocurrencies, you can contact the European licensed broker RoboMarkets https://www.robomarkets.com/forex-trading/assets/cryptocurrencies/ With RoboMarkets You can invest through MT4 and MT5 or use our proprietary solution, R StocksTrader platform.