Before you choose a brokerage firm following questions:
● Does the company provide interest-free accounts premeditation?
In the currency market there is the so-called benefits of premeditation (Rollover), which is the difference between the interest rate of the base currency and the counter currency, and are added to or deducted from the account of a day at ten o'clock pm GMT.
And where these benefits are asthmatic, you must make sure that the broker offers Islamic accounts Swap-free, so as not to interfere with trading of Islamic law.
● Is the company subject to the regulatory bodies?
Does not mean that the Forex market is trading via communication networks that is not subject to the regulatory bodies, all state regulators are regulatory capital markets must be subject to brokerage firms in this state.
The main function of regulators is to protect investors from any manipulation may companies are doing against their interest, so So all the caution of selection of a company is subject to the regulatory body known.
Wim following are the most important regulators reliable in the world:
USA: NFA and CFTC bodies
Britain: the FSA
Switzerland: SFBC body of
Australia: ASIC Authority of
Canada: IIROC body of the
Hong Kong: SFC body
● Does the company provide a good trading platform and in different forms?
Intermediary should provide a good trading platform contains everything you need shops are simple and easy, and should be considered to be trading platform available more than one form.
Shall be in the form of a program that is installed on the computer, and a program of direct trading on the Internet, and software for trading on a mobile phone, so that available to you the possibility of trading under any circumstances.
And to identify the trading platforms and programs, please follow the following links: Explain the analysis and trading programs.
● Does the company provide good technical support and strong customer service to their customers?
Because the currency market works 24-hour, we must also availability of technical support and customer service 24 hours, so you can refer to them at any time when there is any inquiry, and should make sure that the brokerage firm you choose.
They should make sure that the diversity of means of support of direct conversation on the website of the company, and the telephone conversation, e-mail.
● Does the company offer a good rate differentials?
Some might think that the price differences are few better features of the company, but must be wary of this point, if the price differences become clear low and exaggerated, is a clear indication of the lack of credibility of the company.
And that's where brokerage firms that buy from banks in bulk and then split what was purchased for the customer, and profit from the difference between the purchase price and the selling price, if this is a very small difference, what is the profit of the company?!
And also the large price differences are exaggerated undesirable, so you must choose a brokerage firm with a suitable rate differentials and good.
● Does the company carry out trading orders quickly?
It is one of the most important points that must be considered when choosing a company, so as to ensure the implementation of orders at prices that you want to serve your goals, and if the company delayed the execution of orders and reiterates that you should think of another brokerage firm.
● Do you enjoy the company's credibility in dealing with mistakes?
Errors may occur during handling, which is normal it is very important to test the credibility of the company in dealing with mistakes, do you recognize it and are repaired in case of damage to the client? You must make sure that a company as well.
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