Important factors when choosing a broker

If you are looking for your first broker to start trading or you want to switch to another one than the following features are very important.

What to look for

1. Ensure that the broker is regulated.
2. Guaranteed data security.
3. Good trade execution.
4. Selection of instruments available.
5. Type of customer service available.
6. Educational material available.

Other important features like using a good trading platform with fast order execution speed.
Broker transaction costs

Transaction Costs

Traders should always consider the total package when choosing a broker in addition to spreads and pricing. Some brokers may offer excellent spreads, but their platforms may not have all the much-needed features offered by competitors.
Broker customer service

Good Customer Service

This is probably one of the most important factors to consider if you have a broker with low fees, but very poor customer service than you will suffer from day one. It is important to have a working relationship with a broker that wants you to succeed.
Broker security

High Security & Trust

You will be required to submit very important financial and personal data when opening an account with an online forex broker. It is therefore very important to conduct due diligence to ensure that the broker uses excellent security features.
Broker withdrawals

Deposits & Withdrawals

All deposits and withdrawals from your broker account should not only be free of charge, but it should also be quick and easy to use with high levels of security. There should be no excuses the money in your account is yours to take any time you request it.


Like all industries, the size of the company, expertise and experience matters the most, this is very true of FxPro. It has been a market leader in the Forex industry since 2006. They are based in the UK and has executed more than 250 million orders, just recently they were voted one of the UK's most trusted Forex brand by Global Brands Magazine (GBM) in 2017. FxPro operates in a total of 173 countries with over 880,000 client accounts.
FxPro cTrader Best Broker


Pepperstones was established in 2010 and has offices in both London and Melbourne, Australia. It provides forex trading on more than 72 currency pairs, metals, commodities, and crypto currency CFD's. Pepperstone is considered safe, as it is regulated by top-tier financial authorities, like the UK FCA and the Australian ASIC. Pepperstone's customer service is great. They provide fast and relevant answers. The account opening is user-friendly, with no minimum deposit. Furthermore, it provides nice, easy to use trading platforms.
Pepperstone Bedst cTrader Broker

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