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The broker's footprint in the forex market
Look for companies that have been around a long time. The longer they've been in the market, the more reviews you can reference to help make your decision. Older companies also tend to value their reputation more. This makes them more likely to offer good service and fulfill their obligations.To get more news about wikifx, you can visit wikifx.com official website.

Licenses
Licenses should be one of the first things you check. If you choose a broker that isn't licensed and doesn't follow regulatory compliance, your trading portfolio is at risk. Properly licensed brokers are regulated by independent government bodies to protect traders and their investments. Furthermore, it can be expensive to maintain licenses, so only legitimate companies will comply.

Country of registration
While more and more brokers offer fully online services, a network of representative offices indicates a commitment to the brokerage profession. In addition, registration in a country with robust financial protection regulations suggests that your portfolio is in safe hands.

Trading conditions
Each brokerage platform offers a different combination of features and conditions. First, ask yourself what features are most important to you. For example, are you looking to make highly leveraged trades from a margin account? Do you want a low minimum deposit? How easy is it to deposit or withdraw from the platform? What rate of commission does the broker take? All of these are essential questions to consider before deciding on a platform.

Customer service quality
Forex trading happens 24 hours a day. Therefore, the broker should provide around-the-clock support as well. Read reviews about the company's customer support. If a problem arises with your account, you should be sure that the broker will resolve it promptly.

Reviews from other traders
When it comes to assessing the quality of a forex broker, reviews from other traders can be much more reliable than the broker's own marketing language. In addition, reviews help gauge the standard set by the broker in providing the services they advertise.

Position in Traders Union's forex rankings
Our audit of many different forex brokers is a valuable resource for determining their quality. We judge the individual platforms based on over 100 different characteristics and meticulously evaluate their user reviews.
RoboForex is one of the highest-rated forex brokers on Traders Union. Beginners regularly put RoboForex on the top of their list due to the platform's wide range of features and ease of use. For example, they take 0% trade commissions and offer demo accounts and copy-trading so that beginners can enter the market in a low-risk way while building up experience at the same time.