Monday, December 11, 2017

Make 7 to 10% guaranteed monthly profits in trading!

Trading is a profession that is hard to conquer, but just a few months back I began to realize that their is actually a way to profit in this market consistently between 7 to 10% from your trading capital even if you have a mediocre performance in your trading.

How to do it? in my previous post I wrote about utilizing rebates program, yes you heard it right by using rebates program you can consistently make 7 to 10% monthly gains from your trading capital, trading is good if you are making profits from your trading but this is not likely to happen every month, so by joining rebates program profits is assured whether you make those gains in your trading. Even by just having a break even performance in your trading you can still make money consistently every month.

This is really a win-win situation for all trader, dont doubt this opportunity, act now!

Inquire HERE!

Be wise and a smart trader!

Friday, December 1, 2017

Trading is not a quick fix on your financial problems!

A lot of traders participate in trading for the very purpose of making huge profits in a short span of time, while it is true that profit potentials can be greater but their is no way that a beginner can succeed in extracting profits from the market in a matter of months of trading, in fact there are lots of traders that has been trading for years yet they still cannot make a decent income from their trading, this only prove that conquering the market is way difficult.

If you are financially troubled I will suggests that never ever joined this market because it will only lead you to more trouble, the desire to make quick money in this market can lead traders to be greedy and indiscipline that can only lead to more loses.

Becoming a successful trader requires proper preparation that may take years of constant honing of your technical and mental skills, there is no need to rush in trading, it is much better to trade in this market if you are financially able and stable because you cannot rely profits from trading at the early going of your journey. If you are broke and seek financial success in trading it is unlikely that you will succeed because you will be emotionally charge every time you face the market, the pressures will be doubled as compare to traders that are financially sound.

Yes the profit potential in trading is great but if have a wrong mindset and ill prepared it is impossible for you to achieved your goal.

Saturday, September 16, 2017

Pay Per Post Bonus In Forex!


If you happen to decide to start a career in the Forex market but you dont have a trading capital to use, then I suggest that you come to MT5 forum to be able to participate their pay-per-post bonus program, you can not just learn from veteran traders you can also accumulate bonus money on every post you make that you can use in trading in real account where you can withdraw profits without restrictions and conditions.

Click here to learn more about it!

Monday, September 11, 2017

Skills required to be a successful trader!

Trading is no ordinary profession that can be easily mastered, as it is showed statistically that only a few succeeds in this market. Today I would like to discuss the skills needed in order to have better chances of success in this very tough arena.

In my understanding there are two areas in trading where skills has to be recognized and developed separately, most trader mixed this two areas during the learning process and that the results are vague and confusing most of the time.

What are these supposed skills?, these are the technical and psychological skills, these two requires separate understanding and must be learned in a different approach.

The technicals skills pertains to learning characteristic of the market, understanding different trading terminologies, learning how to trade using your trading platform, how to open an account, learning different trading approach and methods, etc. Most traders dont have much problem in attaining this skills.

The psychological skills is the most challenging and hard part for traders, it pertains to the understanding on how you handle yourself when dealing the market or when you are conducting your trades, it is personal in nature and it is all about how we behave and react on every market scenario or trading conditions. This skill set is critical to a one's success in trading, because this is the one used in the implementation of our trading strategy.

It is very important that traders acknowledged the separation of these two skills so that he can easily identify which part he fails and can make the necessary adjustments much more easier, most traders failed to progress as a good trader because they cannot identify which part of their trading cause them to fail.

In order to succeed in this market, a trader must exactly know the causes of his failure as a trader, in this way he can find an exact solution to the situation, otherwise the cycle of being a loser will just go on.

Good luck to all and happy trading!

Saturday, September 9, 2017

Trading less is always the best option!

More work means more pay, this is the normal way of life, but this is not so in trading, that is why in my previous post I mentioned that trading is a different world that must be dealt differently. Traders must realize that trading is not all about winning it is also about losing and the more we expose our capital the more risk is also possible to our account. So if you risk 50% of your account at any given instance, the chances that you will lose 50% is very much apparent, of course to win 50% is also a possibility but in trading its always a 50/50 chance on a trade by trade basis, even if you have a very profitable strategy. This is one aspect that most trader seems not to grasp because they are so blinded by the desire to gain big.

So if you want survive in this cruel market and probably make a living in trading I suggests that you do the following:

1. Never do scalping activities, while a few succeeds but its pretty darn hard for most traders
2. Never involve in high frequency trading(HFT) activities, it is a surefire account burner
3. Focus on working in one strategy only, dont jump from strategy to another,modify when necessary
4. Create or find a reliable swing trade strategy using 4hr or daily time frame
5. Do not risk a total of more than 10% in all of your open trades at any given instance

Trading is a wonderful way to make money online but it can also devastate us financially if we are not taking the right move. Trading less is also another form of risk management.

Good luck and happy trading to all!


Saturday, May 27, 2017

The right path for traders!

Trading is not an easy profession and if traders start in these business in the wrong foot it will be more harder for that trader to achieve success. But their is a better path to take to increase our chances of success and may also save us lots of money.This recommendation is based on my personal knowledge and years of experience as a real trader.

Path To Success:

1. Learn a lot, I dont care if this and that website or person tells you that you can easily learn how to trade forex, the truth is they are lying. There are two aspects of trading that should be given emphasis in learning, these are the technical and psychological aspect, the technical aspect are easier to learn as compare to the psychological aspect because you cannot perform technically better if you are not psychologically in control of yourself, but make no mistake about it they are both important in trading. Just make sure that you have a thorough understanding on both aspects before you move on to the next step. There are a lot of free learning materials pertaining to such topics online just chose what you believe the most comprehensive and easy to understand. At the end of your learning you must already have chosen at least one trading strategy to use for the next step.

2. Demo trading, Okay you completed the first step and you feel that you are technically equipped to face the market, not yet, you need to test first what you learned in a live market environment without the risk of losing real money, dont just play around trading a demo account,you have to apply the strategy you chose from step 1 and  feel it as you are trading real money, this is the point where you can make the necessary adjustments to your trading strategy should you feel there is a need, what is important in this stage is to establish a track records of profitability using a particular strategy, do it for at least 3 months and evaluate the results after, if the results are good then move on to step 3, otherwise evaluate your trading performance, make the necessary adjustments until you get the results you wanted, do not attempt to move to step 3 if you cannot achieve your goal here, you will surely loss money, I guarantee that it is more harder to trade in real account than in a demo account.

3.Live trading, now you have proven your worth, you achieve step2 it is time to swim in real water with sharks and piranha waiting, there is not much adjustment here, you just have to continue what you are doing in the demo account, if you follow exactly the same approach in the demo you will probably get the same results in live account, but be aware though that you will experience emotional pressures here in all of your trading activities that can alter the results, this is an aspect that you dont experience in demo trading, most traders fail in handling such pressures, but if you are disciplined in following your trading rule you will surely get the desired results in your trading, it may be a struggle to control your emotion at the start but it is the only way to be successful in this market, your goal here is to learn how to control your emotions, once you are able to handle it effectively, trading will be an easy thing for you. To minimize the risk I recommended that you use a cents account first.

Trading is a tough profession that only a few succeeds but if you travel the right path in your journey you will surely arrive in your destination.


Saturday, May 13, 2017

Smartest and fastest way to make money in trading!

Online trading(particularly FX market) is a tough not to crack, it will take you years of learning and practice before you will be able to create or develop the right skills to be a successful trader or perhaps you may quit before you even taste success.

Trading is a very attractive endeavor to pursue but it will be very hard at the start to make a living in this business and probably you will end up losing a lot of money in the early part of your journey if you trade on your own.

So, if this is the case how can you make a living in trading at the shortest possible time without really losing a lot? With the introduction of copy trades and PAMM(Percentage Allocation Money Management) program making money in trading can be much easier as compare if you do manual trading by yourself, because copy trade and PAMM providers are traders that has more experience in this field and they already has a proven track records of success, of course not all providers are good and produced good results but since you can see their track records easily by looking up their trading history it will be much easier for you to choose who are the most reliable ones.

It may have been a good thing if you really learn to trade on your own and be successful using your own strategy but it is fact that it may take years of constant practice and engagement in the market before an individual becomes a profitable trader. So while trying to be a successful trader it would be better to allocate a bigger chunk of your investment money to copy trades/PAMM programs in this way you can possibly make money as soon as possible and when the time comes that you are very confident of your performance as a trader then you can re-aligned some of your investment to your own trading account.

You can start looking for good signal at Zulu, MQL5 or some other reliable copy trade sites, even some brokers provide their own copy trades and PAMM programs.

Tuesday, May 2, 2017

The importance of psychological stability in trading!

No matter how great the trading strategy is, as long that the psychology is not attuned to the market the trader will always end up a loser. This is how important psychology is in trading, many traders may ignore or not giving attention to it but it is the most reason why traders fail over and over again. If a trader is trading under emotional pressures  it will be just a matter of time that his trading capital will be wiped out, guaranteed!

Achieving emotionless trading can be a hard battle probably for almost all traders but it is an important factor in becoming a consistent profitable trader, especially if you chose to trade manually.

But,what do we really mean of emotionless trading, some traders may have different interpretation about it but based on my experience it is all about being not afraid or worried of what is going to happen to a particular trade(s) whether it will win or loss.

How a trader reacts to a particular trade(s) is a key factor to his future trading performances,if he feels betrayed, disappointed or angry the moment his SL is hit or maybe becomes very confident after got a run of winning trades then chances are that particular trader is still making trading decisions based on his emotional tendencies and dont be surprised in a matter of months his trading capital will be gone.

We are emotional by nature but again I will always say this you cant bring emotions in trading, find a way not to let emotions  interfere in your trading its the only way to be successful in this market and that is what professional traders do. You may say I am a fool, emotionless trading is not achievable in trading, but I say it is possible and it is the best way to be a successful trader.

Professional traders are focused on following their trading rules, they don't care if a particular trade will be a loser or a winner, what is important to them is to implement the rules, there is no point of analyzing or build a case about a particular trade because he knows that every trade setup is random and unique, but what he knows is that he has a stable strategy and as long that he follows  the rule religiously he will end up profitable in the long run.

Good luck and happy trading!

Saturday, April 15, 2017

Rebates is a sure thing in one's trading!

It is a known fact that trading is not an easy profession to succeed upon, veterans traders knows it, beginner traders may yet to realize it, but one area in trading that most traders may not realize is that by taking advantage of rebates program that some brokers offers to their traders. Rebates in case you did not know is about getting back a share of the spread that the broker is getting from every trade you make in their company, it is actually a marketing strategy that most brokers used to attract traders to signed up with them. But be aware though that some of the rebates program offer by some brokers has conditioned to be meet before you can avail of such rebates and the rates varies from broker to broker, make sure to know all of these underlying conditions before signing up with them.

But their is also a better way to avail rebates from different FOREX brokers, the company is one of the leading rebates provider in the industry, their reputation from different forums and review sites speak for itself.All you have to do is go to the website and register an account(registration is FREE); after that choose a particular FOREX broker that you would like to signup with, there are around 35 brokers to choose from and the rates of rebates and their reviews are also listed there, so pick the broker that you think most reputable and has the best offer. They also have a handful of popular payment methods for withdrawal purposes such as PAYPAL, Neteller, Skrill and more, minimum withdrawal threshold is as low as $1.

Rebates program is one important aspect in trading that I think most traders ignored, its an income generating  aspect in trading that we can take advantage of  regardless if we are losing or winning, if you are already a profitable trader it is an additional income for you, while for still struggling traders its a way to at least regain something back from our loses, rebates program is definitely a win-win situation for all traders.

List of available brokers! 

Learn more about here!



Note: These are my tested good brokers: Tickmill, Vipromarkets and Global Prime

Friday, April 7, 2017

Finding A Realistic Profitable Trading Strategy!

Trading is a tough profession to crack, but the beauty about it is that market it is so dynamic and it has a lot of ways to extract profit from it, and any type of strategy can work as long that the trader using it will consistently follow its trading rule. Newbie trader fails because of the lack of knowledge, while veteran trader fails because of inconsistencies and indiscipline, there are cases that a trader may already have a good strategy at hand but because he has different mindset or agenda he may abandon such strategy and look for another one that fits to his own unrealistic criteria.

All traders participate in online trading because they want to make quick money and become financially independent in a short period of time, so in order to achieve it they will look for trading strategies that has high winning rate you can attest to it by visiting MQL5 website where most of the popular strategies there has high winning rate percentage(85% to 90%), but if you notice none of this traders has an account that last of more than 2 or 3 years, meaning a trader that using a strategy that has high winning rate or a very smooth equity curve cannot survive over a long period of time in there trading because all of them are using either a big SL(or no SL)-small TP strategy that somewhere along the way they get punished by the market and have their account wiped out, it is more into gambling rather than trading.

Real trading is about consistently making profits through years of trading no matter at what market condition, consistency in trading does not mean to have 100% or higher winning percentage in trading, of course most traders aspire to such figure but it is unrealistic and they will just end up in the losing side should they aspire to such goal. All high winning percentage strategies involves high risk approaches that it can also easily wiped out your account easily, it is important that traders realize proper implementation of good risk reward ratio in their trading, that it is not necessary to make higher winning rate to be profitable. If traders want to succeed in this very tough profession I would suggest that when a trader develop or look for strategy to use in their trading it must be always in the context of good risk reward ratio(at least 1:1) and proper money management in addition to proper handling of one's psychology.

In conclusion, individual traders has always the final say of what path they would take in their journey as a trader what is important here is we are consistently making money over years of trading, but it is also important to note that whatever path we would like to take in trading it must be in harmony with our personality and belief system to avoid confusions when making those trading decisions.

Friday, March 17, 2017

Trader Must Learn To Embraced Losing Trades

All traders join the trading world with the same goal which is to be financially independent, to make money right at the comfort of our home and able to work without a boss then have lots of time with your friends and family. But the longer you are exposed to the market the more you realize that it is not that easy to gain success in this profession.

You will learn that trading is not as easy as what marketers are trying to project first time you are introduced in trading, in reality trading can be the most frustrating profession that any one can ever imagine, because it does not only governed by science it is predominantly governed by psychology and most people just having hard times in dealing with the different psychological aspects in trading that if not properly addressed will only bring frustrations and financial losses in the long run.

Trading is not an easy profession or business to invest with, it requires right knowledge and years of experience before one can be consider a professional trader, so before a trader can become profitable he will suffers loses first,  that is why it is very important that newbies know and understand that it is not that easy to make money in trading, you will suffer loses after loses first before you become a profitable or worst will never become one if you give up early in your quest as a trader.

A trader can never become a successful trader unless he will learn to embraced losing trades!

Tuesday, January 31, 2017

The Right Path In Trading!

There are two path to chose in online trading, we probably read or hear great stories about how a trader make 1500$ from a 10$ account or perhaps to an amazing 1000$ to 1000000$ in 2 months time or in less than a year, that is why online trading brings curiosity to people that are a total stranger to this business.You can confirm this fact if you go to a very popular copy trade site such as MQL5, some of the traders there are make amazing returns to as high as 3000% in less than a year.

There are two path in trading, first is the high risk gambling type, traders that take this path take advantage of the high leverage that brokers offer to their customers and so they can trade bigger volume if they win they can grow their account quickly but on the negative side it can also drained their trading account easily, these are the kind of traders that I mentioned above, now if you have a lot of capital to burn then you may follow this path, most traders that adapt this kind of trading style will lost their capital within a year of trading or even less.

The other type of trader is the one who study the market very well, follow a properly tested strategy,follow proper risk management and always discipline on their actions, this is the path that all professional traders take, if you want to make trading your source of income then it is a must that you have to take this path.

Most traders that do the high risk gambling type trading activities are traders with small trading capital, in their desire to make significant or huge profits right away they risk more than the usual but unfortunately they will all fail in the long run.

Choose wisely!

Friday, January 27, 2017

Mind Over The Market Video!

I want to share to you a very important interview from Mark Douglas regarding how to put your mind over the market and create a carefree state of mind. Its trading psychology at its best.Thanks from WTV.

Enjoy!




Tuesday, January 24, 2017

My blog for Vipro Markets!

I created a blog particularly for Vipro Markets so that traders will be able to know and fully understand the benefits and advantages once they avail of their services. Vipro Markets is fully regulated by CySec and other prominent regulating institutions so traders can have peace of mind in as far as the safety of their money is concern.

Learn more about Vipro Markets here...

Monday, January 23, 2017

Three Ways To Profit The Market!

Nowadays online traders has 3 choices to choose where they can make money in trading. Each has its own strong points just make sure to choose the right approach.

3 ways to make money in trading:

1. Manual trading - perhaps this is the most difficult part in trading where traders have to learn from scratch and probably spent years of practice and testing before he can be a consistent profitable trader. Right education from the start is key and if possible you can have a good trading mentor then it will probably shorten the process. 

2. Copy trading or PAMM trading - this type does requires only some basic understanding about the market , you just have to choose the right strategy from traders that can give or provide consistent profits, it is important for investor to take the time in examining the strategy being used of a particular signal provider, not all signal providers has stable strategy that can provide stable profits in the long run, MQL5 and Zulu Trade are very popular copy trade websites. Don't gamble your money to signal providers that implement bad RR ratio,martingale and grid type trading or no/huge SL trading strategies.

You may opt to copy my signal at Zulutrade  here 

3. Using an EA(Expert Adviser) - EA is a trading robot or a customized strategy coded into an MQL language that can be run on MT4 or MT5 trading platform, such EA can be run 24 hours 5 days a week on a desktop or a vps (recommended) to look for trade opportunities and probably make some profits without human intervention.The good side of using an EA is for traders to avoid psychological pressures from the market and less time spent looking on the chart. But the down side to this approach is there are only a few EA's that can bring consistent profits to your account. The real challenge in this approach is finding a good EA that can give more winning trades in the long run. Extensive back and demo testing should be done first before using an EA in a live trading account to avoid more loses.

We come to the market in hope to make money and be financially independent but it will never be an easy endeavor to all aspiring traders out there, what is important is to never rush in making a decision what path you will take in this tough market. 

Choose wisely, good luck!

Saturday, January 14, 2017

Discipline Is A Must In Trading!


In this post I just want to emphasize how important DISCIPLINE in trading is, it is part of the psychological aspect in trading and without or inconsistently implementing it will only yield bad results along the way that can harm your account in the long run.

A good  trading strategy and knowledge about risk management will only be fruitful if you can implement it religiously in your trading, when we say being discipline it means that we must follow our trading strategy by implementing our trading rule all the time regardless of what is happening or see in our chart,successful traders called it carefree state of mind, but because we are emotional by nature it is really very hard to become discipline that can lead traders to repeatedly fail.

I will honestly say this, a trader that cannot implement DISCIPLINE in his trading in a consistent basis will fail no matter how hard he try, even if he possess the most profitable strategy in the world he will still fail along the way. The technical aspect is not that hard to learn really, its the psychological aspect that traders must give more emphasis in his learning especially in the early going of his trading.So if you want to make a living in trading and become a successful trader start being discipline while still learning the technical aspect of your trading. That big D is a must in trading.

The Truth About Trading!

I don't want to sound pessimistic and discourage people from joining the trading world, but honestly making a living in trading is a very challenging and tough endeavor to make and it will make it more harder for a newbie if he is not guided accordingly right from the very start.

Majority of traders come to this business ill prepared, most of them(that includes me) are just attracted to a very nice sales pitch from a website or link that discusses all the advantages and the good things about trading or perhaps just being encouraged from a friend or relative. It is understandable that marketers always promote the good things about a particular product and talk less about the bad side of it. In trading this is a very costly situation where a beginner trader can have a different perspective about the market and will end up losing a lot before realizes the brutal truth about trading but the damage has been done.

Online trading is a legit business opportunity and if you are willing to invest time in learning about it can bring good fortune to you and your family in the very near future,preparedness is the key to success. Most beginners rushed their way in trading and just end up losing a lot, they think that online trading is the short cut to financial independence and they did not realize how hard trading is and they do not take the time to prepare and so they end up losing more instead of making money.

Before getting excited on your first trade please think about this and this is a very critical fact,ever since trading has begun until this modern day, the statistic speak for itself  that around 80 to 95% of traders in this business failed or loses money and nobody can argue about it, this figure simply tells us that trading is very tough nut to crack, its like playing basketball game against a 6 footer and you are a 5 footer guy which eventually it will be very hard or impossible for you to win.

Success in trading is a very hard undertaking and it may requires months or even years of learning and hard work before you can develop the right and proper skills of a professional trader, so if you are planning to become an online trader take a step back before making that first trade and re-assess the level of understanding you got about the market, ask yourself  am I fully prepared to go to battle? have I make the necessary research and preparations especially in the psychological aspect?if at any point you are in doubt then don't trade real money unless you have a lot of cash to burn in your account. 

All ill-prepared traders rushed their way in the market and will just end up losing money, while a well prepared trader will always have an advantage over the majority of traders and came out profitable in the long run.  If you want to succeed as a trader then choose the right path!

Sunday, January 8, 2017

My Preferred Brokers!

One most important aspect in trading is choosing the right broker, they not just kept our money they also provides the price feed to our platform, so if the broker we choose is a scammer or into price manipulation activities then it will put the odds further against us and probably the trader end up losing more.

In my eight years experience in this market I been into and test a lot of brokers and I witnessed some of them into price manipulation activities, some traders labelled it as stop loss hunting by brokers,there are also cases that slippage is just too big especially during news and the worst thing about it is that brokers justify such occurrence and they will not revert the loses you acquire from such transactions and it will add up to your loses and if will devastate your trading account in the long run.

I choose these broker on the basis of fairness and reliability, slippage is very minimal and I have not experience any abnormal price spike even during high impact news releases.

ViproMarkets

Features:
Minimum deposit on Standard or ECN account is only $25
No gap on pending orders(rare to find)
Tight spread
Maximum leverage is 1:500
No commission on deposits and withdrawals
Very prompt and good support
Cysec Regulated,FCA member and other EU financial organization
Funds is in a segregated account
Provide demo and contest account
With IB partner program

For more info inquire here...

FortFS

Features:
Minimum deposit is 5$ and offers deposit bonus
Tight Spread
Wide Range of trading instruments
Maximum leverage is 1:1000
With demo account and No deposit bonus (new and old client)
With IB partner program
Wide variety on deposits and withdrawals options
Offers Platform on CQG,Ninja Trader, MT4 and Binary Options
Offers PAMM and Copy trading account
Offers Free VPS for account with 1000$ deposits
Provide monthly interest of your account funds
IFSC Regulated

For more info inquire here...

                     
                         

Self-Sabotage in trading!

We often heard or read online from a lot of traders claiming that online trading is a scam for a different reasons. But in reality it is not,yeah there are bad brokers out there but it does not mean that the whole business is rigged, online trading is legit and you can make a lot of money out of the market if you develop the right skills.

Most traders fail or loses money because of their inconsistencies or we are being indiscipline,its not about the strategy or bad risk management that cause it all, practically all traders knows risk management and has a chosen strategy yet they still end up with zero balance. Why is it happening? the answer is simple yet most traders failed to see the real picture, traders failed because of their own actions, its human nature that we react to any situations that is why when we are facing the market we tend to adjust or divert every now and then from our strategy causing us most of the time acquiring huge loses, so we are the one that causes our failure yet we blame our strategy, the broker or worst we blame the market as a whole.

If we want to become a professional trader and make money consistently from trading we must take full responsibility of our actions and accept our mistakes and make the necessary adjustments. The FOREX market is huge and a totally different world, we cannot imposed our will to the market it is us that must submit to the market so that we can live harmoniously with the market.

Friday, January 6, 2017

Developing a carefree mindset in trading!

I watched Mark Douglas interview at WYZE TV in Youtube a few months back and he discussed a very important aspect of trading, in that interview he mentioned the importance of developing a carefree state of mind during trading. In the real world humans cannot be in a carefree state of mind otherwise he will end up losing everything or in a disaster. This is the very reason why all traders struggle and fails a lot at the very start of their trading and some even continue to struggle for years in trading because they dont realize or give importance the difference between the real and the trading world. It is important for traders to realize that the market is a complete different world and we cannot be part of such world having the same characteristic that we possess and use in the real world.

Carefree state of mind simply means just execute your trades according to your strategy and never think if its gonna be a winner or a loser, what is important is you follow your strategy. We all know that the pillars of successful trading are good strategy, risk management and most of all taking care of our emotions or having the right mindset and that is having a carefree mindset. A trader cannot implement his strategy and manage his risk properly if he do not have a carefree state of mind during trading. A trader must disassociate himself from the real world during trading.

I fully agree with Mark's opinion that in order to be a successful trader we must develop the skill of having a carefree state of mind and utilize it during trading otherwise we will just end up losing all the time and trading will be a very difficult and frustrating profession to achieve.

Know more about honest and reliable broker here!

A good broker is an important aspect in trading!

One critical aspect in online trading is choosing the right brokerage, there are probably hundreds of brokers that offers their services to traders all around the globe and a lot of them offers perks and bonuses just to lure traders to sign up with them. But be aware that most brokers that offers bonuses has conditions lies underneath and it is very important to know and evaluate them thoroughly before you sign up.

It is important that traders will be able to choose the right broker before they start trading to avoid getting scammed, there are lots of crooked brokers in this business. Signing up with a bad broker will only keep the odds more against the trader. Choosing the right broker is one step towards a successful trading career.

Criteria in picking the right and reliable broker:
  1. It must be regulated by a reputable organisation or government body such as Cysec,FCA,BAFIN,etc.When you visit their site you must look for the regulation logo or page, but not just believe on what you see, try to verify and confirmed with the regulating body itself if its really true.
  2. Search and read reviews on a particular broker, if there are a lot issues and complaints pertaining to   withdrawals,bad support,slippage, spread widening,stop loss hunting,etc. then stay away with such broker.
In conclusion, it is very rare to find a broker that has it all but what is important is that we choose a broker that is fair and honest in dealing with their clients and do not have a reputation of stealing or keeping our money unreasonably or do some price manipulations.

Know more about honest and reliable broker here!