SIZE AND EXPERIENCE

On the one hand, this is the size of the broker, which is determined by the number of international users and the amount of assets under management or the annual trading volume. On the other hand, the number of years that a broker is already on the market, provides a useful indication of the experience and routine of the corresponding provider.





SPECIALIZATION

A broad product portfolio can also be an indicator of their importance in the financial market for large providers, as they not only have the ability to prove their competence in some financial instruments, but also demonstrate their expertise in a variety of fields of the market.

However, in reverse, this does not mean that vendors with few products in the service portfolio are inexperienced and insignificant. On the contrary: Especially in the specialization on a few investment vehicles can also be an indication of the high level of expertise of the corresponding provider.





SECURITY

Security is also the top priority in FX trading. Investors should therefore be careful to ensure that the selected broker has high security standards for encryption and custody of user and transaction data.

On the other hand, it should also be examined according to which regulations the broker himself is audited and which deposit insurance of this z. B. is subject to insolvency. The customary way of separating the assets of private clients from corporate funds is to protect them from access by creditors in the event of imbalance.