Selecting the right broker is one of the most important decisions for traders and investors. The broker acts as the intermediary between the trader and the markets, providing the platform, tools, and services needed to execute trades. When choosing a broker, several key factors need to be considered, including regulation, fees, and features. Here’s a guide to help make an informed choice:
1. Regulation
The first and most crucial aspect of choosing a broker is ensuring they are properly regulated by a recognized financial authority. Regulation helps protect traders from fraud and ensures that brokers adhere to industry standards regarding secu...