Trading forex and making a profit is possible albeit difficult. It’s possible if you work hard and persist. However, if you chose the wrong forex brokers trading gets more difficult. There are plenty of good, honest, and trustworthy brokers out there, many of which are well known in the industry. But, there are also crooks who make trading difficult for traders using tricks to get at your hard earned profits.
One of the main concerns for the forex traders is the safety of their funds.
Proper regulation offers you peace of mind.
Having quick access to your cash is a basic requirement in all investments, whether withdrawing or depositing funds.
When discussing the trading costs for a forex broker, the first things you need to think of are the spread, rollover costs (swap, commission), and interest costs.
Another important consideration for novice traders is the training provided by your forex broker. Many brokers will provide a combination of articles, ebooks, videos, e-courses, webinars, and seminars free of charge. Note that the quality of these materials can vary greatly.