When choosing a platform, we should judge whether it is suitable to participate in foreign exchange trading through the following aspects:
First, is the platform regulated, such as FSA regulation, NFA regulation or ASIC regulation.
Second, whether the trading software provided by the platform is stable can be judged by simulating foreign exchange speculation.
Third, is there a reasonable spread on the platform? If the money is too high or there is extra commission, it is not cost-effective to send 100 dollars to open a foreign exchange account.
Fourth, what is the reputation of the platform? If there are too many negative effects, you don't have to consider them.