In general, traders who prefer day trading or short-term trading choose small ones because they trade frequently.
For medium – and long-term traders, the size of the spread is less important than the short – or ultra-short – term.
It is recommended that large funds try to choose reliable regulatory bodies, such as FCA and NFA.
With good technology, it is easier for a small account to gain a spread advantage on a counterbet platform because you are playing against traders who are losing 95% of their money.
Betting is legal and an important source of revenue for market makers.
Given the nature of trading, there is no need to be too demanding or panicky.
But at the same time, the gambling platform is also the high incidence of black platform.
Therefore, investors should be careful to choose foreign exchange bet platform.
Above all, traders should build a trading system that is consistently profitable, as this will determine the ultimate success or failure.
Finally, it is not correct to judge whether the platform is to bet according to the license.
The licence only represents the authority of the platform and whether the regulator has deposited deposits, which should not be confused.
Domestic exhibition platform mostly to half market and half STP, no pure STP or pure ECN platform, pure STP or pure ECN will have more slip points, so there will be some market platform, so do not say that the market is a bet.
Although it has been prosperous in the past two years, it has also spawned a lot of black platforms, which brings a lot of risks and difficulties for investors to choose.
The most important thing for investors is to choose a safe and reliable platform, apart from mastering the necessary basics in the early days of entering the forex market.
Industry analysts caution investors that China currently has no official financial regulator and mechanism for trading.
When speculating on foreign exchange, we must choose a trading platform whenever possible.
To judge whether a foreign platform is safe, we mainly look at the following five points.
First, the platform with formal supervision and security must be subject to supervision, because it is an important guarantee for the security of users’ funds and transactions. At present, NFA, FCA, ASIC and other regulations are the mainstream in foreign countries.
Second: trading system normal trading system can directly affect the user transaction efficiency, therefore, the safety of foreign exchange trading platform must have enough and stable trading system, must be real-time access to the international market, can effectively prevent malicious delay, malicious slippage problems, such as the ledge in private could not be achieved.
Third: the ultimate purpose of choosing foreign exchange trading is to make money.
It is also a measure of whether the platform is secure and whether it can be traded safely.
In this regard, you only need to check whether the gold is fast and how secure the gold channel is.
Fourth: Does the platform service have 24-hour customer service?
What about customer service?
Can you deal with customer problems in a short time?
Just say hello to them in a variety of languages, and you’ll know how many languages they have and get an indirect view of their customer service.
Fifth: the market word of mouth platform market word of mouth is also very reference significance.
This is a real assessment from the personal experience of many investors.
A secure FX trading platform will naturally have a better market reputation.
If you are unsure about a platform, you can ask users who have done it online or consult industry insiders.
As long as we pass the above five points, the platform is not too bad.
Therefore, when dealing in foreign exchange trading, we must open our eyes and choose a formal international foreign exchange trading platform, otherwise we will lose our wife and betray our enemy.
