The following are some important factors that one should consider when selecting a forex broker.
The transaction charges of the broker.
The broker you choose should have favorable charges.
Leverage can either be favorable or unfavorable to you depending on the way you use it. It is good to get a forex broker who can offer favorable ratios to you.
The quality of customer service that the forex broker offers.
In Forex trade, the customer service offered is very crucial. You should get a broker who is capable of giving you the maximum needed customer service. You should also consider whether the broker operates all day. Whether you can contract the broker via email, phone, or chat is something you should know. You should also consider whether the broker seems knowledgeable when you talk to them.
The broker’s quality.
Forex markets are unregulated …