What do you expect from a broker?

Jul 11, 2012 at 09:48
3,435 Views
54 Replies
Member Since Jan 22, 2021   125 posts
Dec 08, 2021 at 08:23
Nothing much from my broker, everything is fine with them but being more materialistic expecting some more reward points to appear on my fxview dashboard to have a smart watch. And for this I need to get back to the grindstone. :D
Member Since Oct 18, 2021   9 posts
Dec 08, 2021 at 11:48
There is a difference between what I expect (slippage, high spreads at night, bad customer service) and what I want..
Member Since Jul 23, 2020   869 posts
Dec 08, 2021 at 21:06
Choosing a good broker is the most integral step for any trader. A good broker provides tight spreads, easy trade execution, solid trading platforms, easy contact to the broker, etc.
Member Since Jun 21, 2021   24 posts
Dec 17, 2021 at 04:31
LyudmilLukanov posted:
Choosing a good broker is the most integral step for any trader. A good broker provides tight spreads, easy trade execution, solid trading platforms, easy contact to the broker, etc.
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.
Member Since Jun 07, 2021   72 posts
Dec 29, 2021 at 04:13
I expect good trading conditions and excellent customer service. So far the best I have found is coinexx.
Member Since Apr 09, 2019   538 posts
Dec 30, 2021 at 17:15
Decent trading conditions, customer service and quick withdrawals. I hate waiting for my money.
If you can't spot the liquidity then you are the liquidity.
Member Since Nov 04, 2020   13 posts
Feb 03, 2022 at 15:07
The only thing I expect from any broker is to be genuine. I expect it not to cheat me. I want it to let me withdraw my earnings. That’s all I want from any broker. I don’t expect any special offers. I can do without them.
I’m afraid of scam brokers. I don’t want to lose money for non-trading reasons. I hope that the availability of a license absolutely excludes the most negative scenarios.
Member Since Aug 05, 2021   401 posts
Feb 03, 2022 at 16:11
I start by checking their website to make sure that it's transparent and that I can find all the information I need easily. Then I check costs including spreads, commissions, deposit/withdrawal fees, and look through their terms & conditions to see if there are any hidden fees for account maintenance, inactivity, etc. Next, I make sure they have a good selection of assets for trading and use a platform I like. Finally, I make sure that they have easy to reach customer support. If they offer LiveChat, I always test it out because some brokers advertise this when you can really only chat with a bot or nobody is ever online. I don't really care much about bonuses because I feel that is often there to distract you from some unfavorable terms elsewhere.
Member Since Oct 29, 2021   70 posts
Mar 01, 2022 at 04:40
I generally expect tight spreads, low commissions, fast execution and easy withdrawals from brokers and am satisfied with TurnkeyForex for that matter.
Member Since Sep 23, 2020   42 posts
Mar 11, 2022 at 11:01
Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.
Your wish just came true. :D They are offering cryptos now.
Member Since Jun 21, 2021   24 posts
Mar 15, 2022 at 07:59
Daxton posted:
Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.
Your wish just came true. :D They are offering cryptos now.
Have you traded, how’s the spread?
Member Since Sep 23, 2020   42 posts
Mar 17, 2022 at 06:41
Nathan_Han001 posted:
Daxton posted:
Nathan_Han001 posted:
Fortunately my broker(fxview) provides all of that, m just waiting for them to start offering cryptos and m happy.
Your wish just came true. :D They are offering cryptos now.
Have you traded, how’s the spread?
Yeah I have tried my hands on BTCUSD and got to see spreads between 15-20 pips.
Member Since Jun 20, 2017   7 posts
Mar 18, 2022 at 09:10
Why is spread important sir?
Member Since Aug 04, 2014   66 posts
Mar 18, 2022 at 12:16
Because it is the amount of interest you pay the broker for each transaction, Whether or not your trading system is spread sensitive
Member Since Jan 22, 2021   125 posts
Mar 27, 2022 at 05:28
So far nothing major expectations from fxview but it would be really nice if they add more crypto funding options.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.