How to choose a broker

In order not to fall into one of the many scams with brokers, you should ask the following questions when choosing a broker:

1. Ask the broker to which organization he belongs and the regulator in any country it is registered. Online Forex Trading Currency market has a very small degree of control, unlike stock markets, stock markets and commodities.

2. Find out how quickly the broker executes an order. There is no doubt that the warrant must be executed within a second or two after its release. Moreover, modern technologies contribute to its rapid implementation.

3. Inquired whether the agent is attached to any bank or credit organization. The activities of banks are well regulated, that will give you confidence and peace.

4. Have your agent call the country in which it is a corporation. Appropriate response to you serve any country, with clear laws governing banking. Wrong answer - in any other country.

5. Ask what type of broker is the firm.

6. Ask your broker what the minimum amount of deposit insurance. This is a very important question.You need to be sure that you have enough money to your position was not closed at the height of trading, because you ended funds.