Reputation
Every broker belongs to a certain financial service provider and if they are not recognized as reliable, you will eventually find negative opinions about their trading websites. However, the corporate image is not the only thing you need to consider. There are also hundreds of websites where there are rating graphs for trading platforms. These ratings can be made by real traders who are clients of certain platforms and discuss them in forums, or by experts who have the necessary qualities and experience to comment on the official trading websites.
Trading platforms
A solid trading platform is also a must for the broker, which should be worth your time. If the broker uses an unknown software, most traders will ignore it, especially beginners. Of course, if the trader is experienced enough, he will first check how reliable the software is. Nevertheless, a broker's platform should usually be equipped with some of the most innovative software products, such as Webtrader or MetaTrader. However, this is not the only factor to consider. Nowadays, clients demand more from their brokers and require platforms where mobile trading is also provided. In most cases, this is possible if the broker either has an official mobile version or provides apps that are specially tailored for tablets and mobile platforms. Mobile trading is useful for traders as it allows them to trade on the go. This means that they never miss a trading opportunity according to the latest market movements. Busy people with hectic daily lives prefer mobile trading over the traditional desktop experience. That is why brokers with a good reputation have both a traditional desktop platform and good mobile apps.
Trading Extras
An excellent set of trading extras is also offered by the best Forex brokers in the industry. Here, various trading options can be brought in. For example, beginners look for brokers that offer a learning center and automatic signals, while more experienced and advanced traders prefer a site that has a livestreaming channel that shows the latest news. If hedging and scalping are allowed, experienced traders are sure to be satisfied as well. Trading extras also include positive spreads, a high payout ratio, availability of all trading assets such as stocks, foreign currency pairs, indices and commodities, as well as educational material or modern approaches to this fast and safe activity.
Payment method
If the broker offers a variety of payment methods, it is a good feature of the broker. Payment methods affect both your investments and your profits. To trade with a broker, you need to make a deposit and every broker has a minimum deposit requirement. That is why you will appreciate a Exness global login that has a low deposit amount if you are a beginner. Withdrawal is the procedure to take out your profit and you should remember that different brokers have their own requirements to withdraw money. Usually, there are restrictions on the payment amount with both a maximum and minimum level as well as how often you can claim your winnings. In some cases, brokers limit withdrawals with a certain time period, such as weekly or monthly. Sometimes fees are also charged on deposits and withdrawals. However, this usually does not apply to the top-rated brokers. Regarding payment methods, the more variety offered on a platform, the better. This way, the trader can choose the one that suits him best. Payments with a debit card or credit card as well as wire transfers are common payment methods and can be encountered at any broker. However, most traders nowadays prefer to use electronic payment systems such as PayPal, Netteller, WebMoney, Skrill, Moneybookers, etc. And if these systems are offered, the broker will have more clients.
