Forex traders’ profit margins have trading results

Forex traders’ profit margins have trading results Experienced traders' reviews on the best foreign exchange brokers.

I will continue the topic of brokers, I think many people are interested in it. Choosing a broker is an important step, and the trading results usually depend on the broker, so you need to be responsible for him. I decided to write a review about the best foreign exchange brokers. I will tell you everything in the most detailed way, keep reading. -During this time, I was able to learn everything from the inside and compare with other brokers. In terms that are important to me (profitable transactions), other companies are still not as good as before. But this does not mean to be an ideal broker. Everyone has shortcomings. I only write my own opinions. Please note that I don't know much about foreign exchange advertisements on. I have seen enough things, so I have developed some kind of immunity :-). Everything is advertising, but the main thing that professional traders should pay attention to is the quality of the services provided and its impact on trading results. I focus on serious and long-term work, so all the tricks and the $11 bonus and competitions go with the flow.
What influences my comment on forex brokers?
I believe that spreads, swaps, and other commissions are the most important for successful work. why? This is a simple algorithm. I have tested my trading strategy and evaluated the impact of these fees on profits. To be honest, I was a little surprised. I never thought I would lose so much. (You can see the test results in the article) In short, for 110 transactions, an average of 31% of the account was spent. imagine? In one year, I can complete more than a hundred transactions! This calculation is based on 1 point difference.

In other words, in this case, I will give the broker 91% of the fee for 110 transactions. terror! You can trade profitably throughout the year, but distribute all profits to the broker. Personally, I don't need that, so the first thing I need to look at is the trading conditions. In, it’s okay, I use my account to trade, and the average spread of EUR/USD is 0.5-1.0 pips. Alpari’s complete terms of trade. Together with the commission, the cost of each transaction directly affects the result. How do you measure? No way, just based on my own experience, that is, real trading will show how much your strategy has lost. In some cases, you may lose tens of%, so you need to make some changes! I really don't believe in various ratings on the Internet, but it seems reasonable to me. This is a study conducted in 2014. As a result, it has the most trading accounts (93,700), and the transaction volume is almost twice that of other companies ($85 billion per month!). I talked about this research in more detail.

What can we say, all other services are far from achieving similar results! Take a look at Slayden coultas the rating, how many traders have successfully attracted millions of investor funds! For every trader, the possibility of increasing funds is crucial because it increases profits hundreds of times (naturally, good trading).
For these reasons, I think it is the best foreign exchange broker. Of course, you can pay attention to many other matters, but for me personally and my transaction, the rest is not important. For example, customer support: I don't go there often, and all brokers provide this service at an acceptable level. The downside is that there is no round-the-clock support. Novices or traders without trading funds. Alpari has a lot of competitions, other agents even more, they even draw cars, but I never even pay attention to them. I am interested in work, not the opportunity to win something. I don’t think it’s cool to choose an agent through a competition.

Criticisms, thanks and questions are welcome! Forex Trading for Beginners