Georges Salmon
So, I haven't written anything about brokers in a long time. But a couple of months ago, I moved to this broker, and I'm ready to share my impressions about trading here. I know that a lot of people will find this information useful. Because it's hard to choose a company by the descriptions alone on the website. So what do I like about this broker? 1. The tight spreads. That is really the first thing I want to point out. Because without considering the costs of trading, all the other advantages would not be that significant. After all, the main goal of every trader is to make money. And with huge spreads, it's impossible. 2. Affordable minimum deposit. It is essential for those who want to test the company's conditions or haven't saved money for a significant deposit. 3. Excellent regulation. The company has many licenses. So the question of whether it is legal completely disappears by itself. 4. For me, the most convenient and straightforward trading platforms. These are MT4 and MT5. I'm accustomed to it, and it works for years without failures. 5. Protection against negative balance. If you don't remember, in spring 2020, a customer of Interactive Brokers had an accident. When the oil fell below zero, he owed the company $80 million, if I'm not mistaken. The story is old, and I don't remember all the details. So that was when I first thought it was necessary to find a broker with protection against negative balance. Because there really are unpredictable situations on the market. So this is my list. I will be glad if this list is useful to any beginning trader when choosing a broker.
3 years ago
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