February 3, 2021 5:47 AM PST
What Qualities Should Good Forex Broker Has?
WikiFX sorts out
the following features of a good Forex trading platform for traders to
stay away from illegal platforms and make the right choice.To get more
news about [url=https://www.wikifx.com/]WikiFX[/url], you can visit wikifx official website.
1.
Regulated by international authorities with verifiable regulation
numbers. All operations on the platform, including deposits and
withdrawals, are under regulation. Traders can lodge a complaint with
regulators once encountering problems with funds. International
authorities include FCA, ASIC, NFA, FSA, and CIMA.
2. Apply
genuine MT4 software. Traders using counterfeit software will suffer
from slippage and trade at prices different from those in global
markets. To get familiar with the platform and spot their pain points,
they are advised to adopt the MT4 simulator, in which all operations are
the same as real things except the funds.
3. Approve withdrawals within 48 hours.
4. Willing to compensate for slippage.
5.
Large-scaled. Only these platforms could afford the maintenance of MT4.
Traders can judge the platform by observing its trading products and
the spread cost charged.
What Qualities Should Good Forex Broker Has?
WikiFX sorts out
the following features of a good Forex trading platform for traders to
stay away from illegal platforms and make the right choice.To get more
news about [b][url=https://www.wikifx.com/]WikiFX[/url][/b], you can visit wikifx official website.
1.
Regulated by international authorities with verifiable regulation
numbers. All operations on the platform, including deposits and
withdrawals, are under regulation. Traders can lodge a complaint with
regulators once encountering problems with funds. International
authorities include FCA, ASIC, NFA, FSA, and CIMA.
2. Apply
genuine MT4 software. Traders using counterfeit software will suffer
from slippage and trade at prices different from those in global
markets. To get familiar with the platform and spot their pain points,
they are advised to adopt the MT4 simulator, in which all operations are
the same as real things except the funds.
3. Approve withdrawals within 48 hours.
4. Willing to compensate for slippage.
5.
Large-scaled. Only these platforms could afford the maintenance of MT4.
Traders can judge the platform by observing its trading products and
the spread cost charged.