How to choose forex broker?

Forex brokers:
  • Supply their clients with a forex trading platform
  • Provide real-time market quotes
  • Execute buy and sell orders
  • Allow their clients to trade on margin
  • Carry out market analysis and provide recommendations
  • Ensure their clients’ security and anonymity
Unless you’re a major financial institution trading directly in the forex market, you need a broker. How do you evaluate brokers and choose the right one for you?

Reviews

Forex broker reviews are published regularly in the media, and these are a good starting point. They will tell you what services the broker provides and how much they charge. For example, here are some of the services provided by Forex4you, all of which are free:
  • Industry-leading MetaTrader 4 forex trading platform
  • Real-time quotes and order processing
  • Trading bonuses up to 50% of the spread
  • Dow Jones news feeds
  • Daily market data, analysis and tips
  • Forex training, seminars and consultation
  • Online tutorials and guides
  • Analysis of your trading performance
  • Android and iPhone applications
  • Free deposits and withdrawals
  • Fast withdrawal processing
  • Trading competitions with prizes up to $3,000
  • Partner rebates from 50% to 85%
  • 24×5 customer support

Selection criteria

Aside from services and cost, there are a number of other factors you should consider. Your broker must meet the following criteria:
  • Have a license
  • Carry insurance
  • Execute orders quickly and accurately
  • Know the forex market inside-out

Why Forex4you?

We believe in building long-term relationships with our clients. We’re committed to your success and embrace the following values:
  • Honesty – we always act in your best interests
  • Partnership – we provide the tools and information you need to succeed
  • Competence – our forex experts know the market and share their knowledge
We encourage you to compare. When you’re finished, open a Cent Account or Classic Account.