If anyone can recommend a reliable broker to start with or at least provide some resources or criteria that I can rely on when selecting a broker, I would be very grateful.
If anyone can recommend a reliable broker to start with or at least provide some resources or criteria that I can rely on when selecting a broker, I would be very grateful.
There are many resources that give a complete understanding of Forex trading itself and other aspects of starting trading, such as choosing a broker.
If you plan to rely on resources or articles to guide your choice of brokers in the future, I highly recommend ensuring that the information comes from credible Forex experts and experienced traders. One suggestion is to look into Horia Tomescu as an author and articles like https://business-review.eu/tech/how-to-choose-the-right-forex-broker-for-you-273461, which provide recommendations on selecting brokers with a focus on key aspects like fund security, regulation, fees, and spreads.
Sure! When choosing a broker, it’s super important to look at things like regulation, trading conditions, platform reliability, and the countries or regions they operate in. If you're considering Exness, I recommend checking out their coverage and regulatory details first. Here's a helpful resource that breaks it down clearly: exness jurisdictions. It gives you a good idea of where Exness operates and under which licenses, which can really help you make an informed choice.
Personally, I prefer to go by the platform’s rep and the conditions the forex broker offers. The rest, I think, just comes with experience, and over time you learn how to quickly tell if a broker’s good or not.
What do you mean “over time and with experience”? What do you do before that? Just keep messing up? Nah, I’m not okay with that. If I’m not experienced enough yet to pick on my own, I’ll go with reviews and feedback from sites like brokersinsider.net. For me, that’s a trusted forex site with legit helpful info, and thanks to the reviews, picking brokers is way easier and faster.
