How to choose the right brokerage office
There are a huge number of different companies offering brokerage services. Many beginners are very concerned about the question of how to choose a broker (brokerage office) for further play on the Forex exchange. How to choose a broker? What is it for? Why not start trading on your own behalf on the stock exchange?To start trading on the stock exchange, a player must deposit a large amount of money, which not everyone has. This is where the broker comes to the rescue. He already has permission to conduct operations and is ready to act on behalf of the client and on his orders.This is beneficial for him, since when closing any transaction that is profitable for the client or unprofitable, the broker receives a so-called spread. It can be fixed and percentage. The first option is most advantageous when trading for large amounts, and the second - if the game is for small amounts.One of the main criteria when choosing a brokerage company is its reliability, timely fulfillment of obligations, as well as the accuracy of information. A reliable broker can be considered one who has been in working condition on the market for many years, pays money to his clients REGARDLESS of the amount won, and also has no "friction" with the law and is not involved in litigation.It is also necessary that the brokerage company has a broker's license, and not a consumer cooperative and the like. The fact is that many semi-legal offices often do not fit these criteria, so it's better to say this once again. It is worth using the "word of mouth" radio in order to get to know the broker better. After all, no one will tell you about the broker better than real, real people. First of all, read negative reviews, as positive ones are often purchased.The time of execution of an order, for example, the closing of a transaction, is extremely important. After all, while the order is being processed, it is possible to change the course, which can lead to a loss of profit, sometimes even a large one. With the advent of the Internet, the problem has almost disappeared, but some unscrupulous brokers deliberately underestimate the speed of order execution. Thus, it is possible to give an order to close the transaction at one price per asset, and when the transaction is executed, it turns out that the price has already changed and you have lost part of the profit or your loss has increased.The accuracy of information, perhaps, can be called one of the vulnerabilities of unscrupulous companies, because they often do not disdain to show "their" data on the information board. It is important to compare the rate and rate of change of broker data with the benchmark in order to be sure of the reality of prices.No matter which broker you use, you should always carefully read the license agreement, it is better to print it out and store it in some folder, since in case of fraudulent actions against you, knowledge of the agreement that you accepted when starting trading will never be superfluous!Following the recommendations, you can easily choose the right brokerage company. Best casno bonuses here best first deposit bonus australia view here