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Choosing the best forex brokers episode 3
Episode 3 of choosing the best forex broker ,Transaction cost-this a cost which every trader in the market is subjected to ,when you enter a trade you have to pay for either the commission or the spread it is advisable to choose a broker who has a cheaper and affordable rates. For a good reliable broker you will cough abit higher.
You need to know whether you require tight spread in your trading and compare your available options ,but priority of security should weigh more followed by transaction costs .Remember cheap is expensive sometimes so be cautious when choosing a broker.
The other factor is deposit and withdrawal .good brokers will always allow you to deposit and withdraw your funds freely without some much hassle .there is no reason for a broker to make it hard for you get your profits .the broker is just the custodian for your funds for the sake of facilitation in trading. The withdrawal process should be speedy and smooth. Watch out for episode four coming soon………..
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