Choosing the Right Dealer

After a positive decision is made to participate in speculative trading
in the FOREX market, a newcomer should first choose the dealer
for conducting a trade. The right choice greatly influences the final
success of the whole enterprise. Nowadays, the market is overcrowded
with companies and banks offering their services to individual traders and
investors to access the currency market. It is not easy to make the right
choice without a certain set of criteria. These criteria best correspond to
the interests, preferences, and means of each individual trader, and to the
trade strategy and tactics chosen by him.
The best way to find the right dealer is to compose a list of questions
to ask the dealer, before making a final decision in favor of the preferred
company or bank. The following are suggested questions that should be
answered by the dealer before you make the decision to open a trading account.