I. Regulatory environment:
1) National Futures Association (NFA)
2) Financial Conduct Supervision Bureau
3) Australian Securities and Investment Commission (ASIC)
These three regulatory agencies are more recognized by me, and the regulatory effectiveness of other regulatory agencies is slightly weak.
Second, the deposit:
Excellent foreign exchange brokers will provide a convenient deposit and withdrawal system. In fact, if it is a compliant brokerage firm, it will generally try to provide a convenient and fast deposit and withdrawal system. After all, they make money through the instructions of traders.
Third, the transaction cost:
In addition to checking the compliance of brokers, it is also necessary to know the spread or commission of brokers. Usually, traders need to pay the difference or commission for each transaction. Some brokers' transaction fees are fixed, while others are charged according to the transaction scale, so traders should choose the most suitable brokers according to their trading styles. Don't choose those who don't agree for the low price difference or commission. If you want to choose the transaction cost that suits you, you can download the search APP for intelligent screening and use the intelligent engine to screen out the foreign exchange platform that suits you.