TopicFAP Turbo - Is it the Best Option For Trading?
Once you have your list broken down, look at what type of Renegade Crypto Club Review trading platform the broker offers, MT4, Trade Station. The platform should be able to cover all the type of orders your strategy needs to place to be profitable.Money deposits and withdrawals is the next thing to check. Most brokers will allow you to wire or direct credit their parent account when funding a live account. Brokers are now also allowing credit card deposits and withdrawals which speeds up access to your money and the downtime waiting for your money to register in your account. Normally you should expect your money to appear within three working days and if your broker is slower consider changing.
Spreads are the difference between the Bid and Ask or Sell and Buy prices and the smaller the spread is the better it is for your trading account. When selecting a broker with better spreads look to the Major currency pairs as a gauge to whether they will pass. If the broker has spreads on the Majors no more than 5 pips then that is acceptable, however you can get spreads on the Majors as low as 1 pip. Also be diligent and check the different trading sessions, Asian, European, American, as the spreads can change as the market becomes more volatile.