As a new forex trader you will be faced with many new
challenges and one of them will be the selection of a forex broker. Once you
start doing your research you are likely to be faced by an overwhelming amount
of information from countless of sources. It may seem like a wild jungle out
there with information clouding your visibility. At The Last Bear we have
reviewed a handful of forex brokers, but if you are looking for an even bigger
selection of reviewed forex brokers we recommend that you will take a look at
Profit F.
When you have a lot of information to process it is best if
you have a nicely organized table which you can find at Profit F. The very
first view will get you the name of the forex broker, the minimum deposit, the
minimum trade size in lots, regulation, their website, link to the review as
well as a star rating system. Clicking on the review button will open a new tab
and give you a detailed review about your selected forex broker. A nice feature
is the ‘Open Account’ button at the end of the review which allows you to react
on a forex broker you like.
Don’t see the forex
broker you like?
It is very easy to add a forex broker you do not see by
clicking the ‘Add new Broker’ button in the top right corner which is visible
in green. Filling out the form is very
simple and does not require a lot of time. Many choices can be activated by
clicking the box. This allows for a speedy submission.
Don’t want to spend
too much time sorting through all the forex brokers?
No problem. In the left sidebar you have a filter where you
can search the database by name, minimum deposit, lot size, leverage, spread,
pricing decimal and payment method. Below those options you have a button with‘Other Features’ which drops down a set of features which include theacceptance of US traders, PAMM accounts, MT trading platform, mobile trading,web-based trading, affiliate program, VPS and Profit F bonuses.
How about binary
options brokers?
No worries, you can find reviews of binary option traders as
well. The review is structured slightly
different. The quick review gives you the name of the binary option broker, the
minimum deposit, the payout ratio, regulation, acceptance of US traders, the
website, a review button and star rating. The detailed review offers the handy
‘Open Account’ button in green so traders won’t lose any time and can head
right to the account opening.
The filter in the left sidebar has also been modified to fit
what is relevant to binary option brokers which is another nice feature.
Besides the slider where you can select binary option brokers based on the
minimum deposit you can filter the database by types of options offered by the
broker. They include high/low options, one touch options, range options, 60 secondsoptions, pair options, option builder, pro option, short-term option and other.
Are there any other
features?
Yes, besides forex broker reviews and binary option broker
reviews you can subscribe to a newsletter offered, access a currency converter
and take advantage of live charts.
Conclusion
Profit F can take out the hassle of finding the right broker
for your trading needs and should be in your tool box when you research
brokers.
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