Most beginners lose their money before starting their first trade because they choose the wrong Forex broker. Here are 4 simple points to read before you deposit: 1. Regulation: Does your broker belong to a trusted authority? If it is not clearly mentioned on the website, that is a red flag for you. 2. Execution Model: When you visit any broker’s website, first look for ECN or STP. They usually send trades to the real market instead of taking the opposite side of your position. 3. Spread During News Time: Check the spread on a demo account during big news. If the spread is very high and movement is very low during that time, that is not a good sign. The simple meaning of this is... A broker is the bridge to the market. If your bridge is weak, then all your strategies may also become weak.
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The Importance of Trading with a Regulated Forex Broker

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