Do you need help with choosing the right broker for you?

Selecting the right broker for your trading might seem like an impossible task when there are so many companies to choose from. That is why we help individual traders to point them out to a regulated company with a good reputation that does its best to meet all desires of traders. If you need our assistance or assistance of other traders visiting this web, please feel free to ask in the comments below. This is a completely new feature that we are just trying out. Hopefully appreciated by you. When asking us for a recommendation of a broker, please state following:

  • What instruments do you plan to trade – Cryptocurrencies, CFDs, Binary options or others?
  • Funds that you want to invest – Estimated amount
  • Do you need a practice account before you start with real money?
  • If you do not speak English very well. Should broker support your native language? If so, what language?
  • In case of cryptocurrencies – for how long do approximately plan to stay in a position? (there are companies with distinguished offer depending on your estimated time in a position)
  • Special requirements you want from the broker
Michael
Author: Michael
Hi, I'm Michael and my area of expertise is forex and binary options trading. I specialize in technical analysis, namely in chart pattern setups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. I do not give investment advice, but for general inquiries please use the comment section under any article.

6 Comments

  • Peter

    Hi Michael,
    I was contacted by Greenfields by phone just today.
    They started with the “how good we are at trading pitch”
    Then they wanted my details re: my age, my employment status..etc.
    I replied with I’m not about to give my details to a stranger over the phone.
    I said I will do some research and will contact you if I’m interested.
    That’s when I saw your page and all the comments.
    Thank you for your warning.
    I looked into IQ options but they don’t trade in OZ
    Can you recommend a reputable company that trades with Australia?
    Regard’s,
    Peter Morrison

  • Elisa

    Hi Michael

    I hope this message finds you well

    I have seen you on the cryptocurrency brokers review, and I believe you are familiar and highly knowledgeable in this trade and involved brokers. I am just a beginner (with no knowledge on this trade) currently in the UK and I want to join one of the best companies and start trading soon. I need a secure (registered and licensed, easy to deposit and withdraw money) company that provides a close guidance to the beginners like me and which is well established in this business. Could you please recommend some best, where possible refer me to one

    thanks

    Elisa,

    • Michael
      Michael

      Hello Elisa,
      Thank you for your inquiry, I believe one of the best crypto companies are Plus500 and IQ Option. They are both regulated by the European regulator CySEC and are both in the register of FCA (The UK regulator). If you are a beginner in cryptocurrencies, I advise you to check out our crypto guide for newbies, that will help you to grasp a basic understanding of cryptocurrencies. Have a good day.

      With regards

      Michael

  • Vasily

    Hi Michael,
    Do you know anything about http://www.Coinpro.Exchange ?
    I transferred 250 Euro to my account there, now I was contacted by their, account manager who tries to convince me to put more money in it. As can’t really find information about them, may be you can help me?
    I am new to this kind of trading and would be great full of you would help me.
    Thank you very much
    Vasily

    • Michael
      Michael

      Hello Vasily,
      This is the first time I have heard of the crypto exchange you have mentioned. While it might be risky to invest in a new cryptocurrency exchange, it does not mean it is a scam. But I personally would rather choose a big exchange that is trusted by millions of investors. IQ Option newly has a crypto exchange with very low commisions, and they are regulated by CySEC. So that is also an option to consider.

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