FX Trade Central
Forex Brokers

Forex Broker Selection Guide

When searching for a FOREX Broker you might want to consider the following factors. You can use this list as a checklist to narrow down your selection of forex brokers. Here are our top 5 checklist items.

1. Word of Mouth
    What are other currency traders saying about the broker?
    What is the customer service rating of the forex broker?

2. Execution
    What is the  FX broker’s speed of execution?
 
    Does the currency broker trade against the clients? 
    Does the forex broker offer automatic execution?

3. Protection of Funds
    Is the forex broker being regulated?
    Are the trader's funds insured?

4. Spread
    How tight are the spreads?
    How does this broker’s spreads compare with other brokers?

5. Account Size
    Can you trade Mini Accounts?
    What is the minimum account balance?
 


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