Characteristics of a Good Broker

Forex trading is one of the new trends currently in demand by many people. Both the old and the millennial generation and various groups have started to enter the world of forex trading.

Forex trading can be done by traders using the broker as a place or means of conducting foreign currency or forex trading activities. There have been many forex brokers circulating with various offers that traders make to captivate the hearts of many people.

The role of the broker is very large, namely as a liaison between traders and the forex market. However, choose a broker that has high quality and guaranteed security. Because, there are many cases of broker fraud that cause anxiety. In order not to be deceived, first identify the characteristics of the best and safe brokers to use:

The existence of an official business license

The characteristics of a trusted forex broker are having an official business license, in Indonesia a good broker must register his company with BAPPEBTI. Brokers below that do not comply with regulations, they will be followed up firmly, even prohibited from operating in Indonesia.

Ease of Deposit and Withdraw Funds

Transacting with a good broker, traders will get easy top up and withdrawal, or deposit and withdrawal of funds, because there is no reason for brokers to hold traders' funds for long. A good broker will ensure that all trader top up and withdrawal activities are fast, smooth, and trouble-free.

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