Can broker have play any role in our success
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Thread: Can broker have play any role in our success

  1. #1
    Trader
    Join Date
    Sep 2013
    Posts
    1,248

    Can broker have play any role in our success

    I want to ask all the professional trader do you think that broker have play any role in our success and how they help us in the trading to get the success in the forex trading business so what you think the broker have any role in the trading ?

  2. #2
    Trader
    Join Date
    Mar 2013
    Location
    Am fuly awear of the difficulties of life,so ill try to bounce back
    Posts
    1,166
    Well I wouldn't say that a broker can play much role in our success,not to say that a broker doesn't have a role to play by setting certain trading condition to help us carry out our order successfully, such conditions include low spreads, quality meta trader internet connection, instant order execution,and proberbly having quality analyst to give forecast.so a broker might not determine our success rate but can help us in achieving them by establishing some certain standards.

  3. #3
    Many forex brokers who give us regular market analysis to help us be successful in forex trading, because the forex brokers generally make a profit when the trader using their brokers earn profit from forex trading, so they also think how they member can make a profit well from trading forex, not get loss from trading forex.

  4. #4
    Yes dear broker play important role in forex trading market. These brokers provide us platform for trading, it provide us low spread and high leverage to facilitate the clients so it has important role and now a days many brokers provide us bonus facility which is also very attractive.

  5. #5
    Yes friend in every field brokers play a very important role as they have total knowledge about the work they are doing. It is the broker who provide us platform for trading and now a days brokers provide us bonus facility which is also very attractive and motivate us to work wit increased efficiency and level of performance. Brokers also provide us market analysis which helps us to learn about trading and earn money.

  6. #6
    Yes Of course broker play important role in forex trading market.Because the forex brokers generally make a profit when the trader using their brokers earn profit from forex.These brokers provide us platform for trading, and now a days many brokers provide us bonus facility which is also very attractive. So the trader think how the member can make a profit well from trading forex, not get loss from trading forex.

  7. #7
    To get success in Forex it is totally depend upon the trader's knowledge, patience, margin money, money management skills and luck of the trader, so their is no role of Broker as they provide you the platform to deal with other traders to buy and sell.
    But some broker provide Trading recommendation time to time whether short side or long side with proper stop loss and profit booking level.
    And that recommendation help some new traders to make money.

  8. #8
    Trader
    Join Date
    Aug 2013
    Posts
    11,572
    broker can play a role in many things ,like if it offers a low spread this will increase the possibility to make good money ,also if it has a good terminal that let the trader open and close the orders quickly this will help the trader to get the profits that he needs because any delay will affect on the amount of profits especially for the scalpers that look for some pips

  9. #9
    of course the brokers have a verry important role to play in success of traders they give some lesson some tips for traders and technical analysis, and Bonuses all this is verry important for trader, and some brokers is like a Bank they trade too but for a long time and with a big founds.

  10. #10
    we cannot surely say that broker cannot have play any role in our success. but we can say that yes broker sometime help us a lot. most of the brokers help us by market analysis information, fundamental information etc. also in shortage of our capital broker help us by giving leverage to us.

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