How to choose the best dealing center (DC) for Forex.

Making money on Forex is not easy, so choosing a dealing center becomes even more important. In my practice, I have had to work with quite a large number of DCs and it is very disappointing when a broker, for some reason, tries to cut profits or refuses to give them away at all. In this article I will tell you how to

avoid such annoying misunderstandings and save your profits, and with it your nerves , spent on proceedings.

Moreover, trade conditions and other advantages play not the first role in this matter. Let's return to the question - How to choose a dealing center for Forex trading.

The main selection criteria are the following indicators:

1. The turnover and the number of customers - of course, rarely, one of the brokerage companies will indicate completely true information on their website, but you should still choose the largest and most famous company. With the turnover of at least a few tens of billions of dollars, the turnover of the leaders of this area of ​​activity is usually calculated in hundreds of billions.

Clients - the more there are, the better, a large dying center will not steal a couple of thousand dollars and most likely, will pay a significant profit. One of the indicators by which you can determine the number of people using the services of this DC are reviews and forums. The more popular the company, the more live its discussion is.

2. Fame and publicity are difficult to imagine that MMM is involved in an exhibition of financial technologies. Typically, such companies are in no hurry to disclose the features of their work. Therefore, you should cooperate with those who are heard.

The second aspect is the availability of awards and prizes for participating in various competitions, especially if these competitions are related to state structures.

3. Partners - usually quite reliable dinging centers collaborate with such liquidity suppliers as banks. This fact indicated in the information about the DC will be an additional sign of its reliability.

4. Scheme of work - it is advisable to choose those intermediaries to work on Forex who carry out their activities without interfering in the trading process, but simply transfer applications for execution to the bank. Usually these are NDD brokers, they act precisely in the role of an intermediary, and not the second side of the transaction. Imagine that when playing football, the judge would be a player of one of the teams, the result of the game would be easy to predict in advance.

5. The restrictions are also an interesting point when the answer to the question “How to choose the Forex Deiling Center”, and the restrictions often cause the account blocking with the subsequent removal of money. Therefore, carefully read the contracts and applications to them, especially if you trade advisers or use scalping. For the last category, exclusively scalping brokers , which do not have a restriction on transactions.

Many traders ignore the issue of choosing a DC, especially starting to trade in minor amounts, but gradually the deposit increases and now an unpleasant moment comes. Therefore, do not spare an hour and better immediately make the right choice.

In order to facilitate the task, you can use the rating of the Forex dinging centers , which contains already verified companies that do not at the moment have problems with the law and payments of funds.