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[QUOTE="Setho, post: 228287, member: 29023"] The right broker is very important for whatever kind of forex trading strategy that you want to do. The most important thing about using a forex broker is licensing . There are a lot of forex brokers that might not be licensed in some countries and I thought you should not always fall for the advertisement . If you create an account with a forex broker that is not licensed in your country then you might not be able to complete your know your customer verification and sometimes you might not even be able to withdraw your money which is very bad . As a beginner in the space you are also going to be looking out for forex brokers that allow you to be able to trade with a demo account. A demo account is very important because after you have finished learning that is the place that you are going to practice with fake money continue are sure that you know your way around it. You should also choose a forex broker that has a very good exchange rate because most of the time you are going to be trading in dollars or other foreign currencies so you will not want to be ripped off. [/QUOTE]
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