Re: How To Select Good Broker
My way to choose a broker:
1. Identify your financial objectives, identify specific goals. What kind of brokerage services do you need - full service or discount service? Will you use online transactions through an Internet broker or direct access terminal?
2. Visit the offices of several companies, or find reviews on the Internet, try to evaluate their experience and qualifications.
3. Find out the history of the proposed brokerage firms and their sales representative. Clarify whether the brokerage firm is licensed by one or more authorized regulators.
4. Rate the quality and usability of the official site. View all pages, read what the broker offers. Register, then it is advisable to start trading (you can start not a demo account).
5. Find out the grid of commissions and specify what costs you will have to pay when opening, maintaining and closing an account. Payment by the broker-dealer of the work of the commercial representative and his employees depends on the amount of funds raised and on the number of customer transactions. The larger these values, the greater discount the sales representative will be able to offer you.
My way to choose a broker:
1. Identify your financial objectives, identify specific goals. What kind of brokerage services do you need - full service or discount service? Will you use online transactions through an Internet broker or direct access terminal?
2. Visit the offices of several companies, or find reviews on the Internet, try to evaluate their experience and qualifications.
3. Find out the history of the proposed brokerage firms and their sales representative. Clarify whether the brokerage firm is licensed by one or more authorized regulators.
4. Rate the quality and usability of the official site. View all pages, read what the broker offers. Register, then it is advisable to start trading (you can start not a demo account).
5. Find out the grid of commissions and specify what costs you will have to pay when opening, maintaining and closing an account. Payment by the broker-dealer of the work of the commercial representative and his employees depends on the amount of funds raised and on the number of customer transactions. The larger these values, the greater discount the sales representative will be able to offer you.
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